New York equities: recovery continues – inflation as expected
New York Wall Street street sign. pexels.com
NEW YORK (dpa-AFX) – According to new inflation data, the US stock exchanges continued their recent recovery on Wednesday. Consumer prices in the US rose 7.0 percent from the same month last year. This is the highest inflation rate since 1982, but it was expected by analysts. The pressure on the US central bank is now decreasing somewhat, and potential measures by the monetary authorities have already been incorporated into the rates, said market expert Andreas Lipkow from Comdirect.
The leading index Dow Jones Industrial
On the US bond market, the yield on ten-year paper fell back towards 1.7 percent. That also provided relief. However, strategist Marko Kolanovic from the investment bank JPMorgan does not see any real burden on stocks even in rising interest rate expectations and capital market returns. Rather, they speak in favor of shifting growth stocks into valuable papers./ajx/he
|Short-term position in Dow Jones Industrial Average|
|with a strong lever|
|with moderate leverage|
HSBC Trinkaus & Burkhardt AG
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