Sharemarket rally hits wall of inflation worry
US stocks dipped last week under the weight of inflation concern (not tariffs, which by and large investors are taking in their stride). While continuing enthusiasm for big tech minimised the week’s losses, with megacap Nvidia up 3.5% in the week, US inflation figures will be most important when they’re released Tuesday. And there’s speculation of stimulus activity from the Chinese government, which would likely boost investor sentiment, especially for commodities. We’re seeing surprising lifts in copper and iron ore already. This is one reason we may see more interest in stocks such as BHP…
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