Commodity Rally Adds to Evidence of Stagflation
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Building on Friday’s US index gains of 1.2% to 2.0%, US index futures are up 0.2%-0.3%. A catchup rally in Europe today has the Dax up 1.0% and the FTSE up 0.5%. The US 10-year treasury note yield has slipped back under 4.50%. It’s another big week for corporate earnings with the focus now turning […]