EDITOR'S NOTE
In the past week, stocks resumed their climb back toward highs after it became clear the omicron Covid variant is unlikely to cause a shutdown of the economy. The S&P 500 gained 3.8% on the week to a new record, its best week since February.
Investors on Friday largely shook off November's inflation print in which the consumer price index gained 0.8% for the month and 6.8% over the previous year — the highest rate since 1982.
In the coming week, the Federal Reserve could decide to speed up the end of its bond-buying program and signal that it expects to start hiking interest rates in 2022. That is already widely anticipated by investors, ahead of the Fed's 2-day meeting Tuesday and Wednesday.
THE WEEK AHEAD
MICHAEL SANTOLI'S MARKET COLUMN
ACTIVIST SPOTLIGHT
YOUR WEEKEND BRIEFING
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Sabtu, 11 Desember 2021
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