Markets have been jittery about rising inflation ever since last November’s vaccine announcements.
Despite strong economic expectations, markets fell for a second week, rocked by bond volatility.
Markets stalled last week. Despite strong retail sales and PMIs that were firmly optimistic, weakness in the tech sector dragged down the market.
Markets continued to rally with the S&P 500 and S&P/TSX rising to new highs.
January started off strong, with stock market momentum carrying over from December.
Volatility surged last week as equities sold off. The Fed reiterated continued monetary support on the moderating pace of the vaccine rollout.