The producer price index released today shows a surge in wholesale prices, the highest in a year according to the Bureau of Labor Statistics, sparking concerns about inflationary pressures and broader implications.
Consumer Sentiment Rises but Misses Expectations
Consumer sentiment rose to 71.8 in November, marking the fourth monthly increase, but fell short of economists’ expectations (73.5) and the earlier 73.0 preliminary reading taken before the election. Wealth advisor Eddy Gifford joins Alicia Read more…