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Listen "AHR Weekly Market Update - Monday 17th January"
Episode Synopsis
Despite a brief rally intra week, growth stocks, led by technology, continued to sell off this week as the latest inflation data for the US, as represented by the consumer price index, continued to rise. The index rose 7% for the year to the end of December, its fastest pace of increase for almost forty years. Whilst this was in line with market expectations, the figure for the month of December exceeded forecasts, coming in at 0.6%. To further confirm the inflationary picture, the latest Producers Prices Index, which measures prices that producers receive for their finished goods, increased by 9.7% for the year. https://ahrprivatewealth.com
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