Market Watch Weekly | November 19, 2021 | Inflated. And We ' re Not Talking About Skillset of the 2021 Canucks
Erik Dekker - Nov 26, 2021
North American markets traded in record territory this week as investors continue to digest hotter than expected inflation readings on both sides of the border. Inflation is certainly back and worse than it’s been in decades. This week we had data that saw US consumer prices rise 0.9% in October and are up 6.2% in the last twelve months. Two more months of moderate increases, and the CPI will be 6.5% in 2021, the highest inflation since 1982.
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