Amid a bounce back in manufacturing activity, surging commodity prices are leading to fears of inflationary forces. Those forces are real, but corporate profits — and therefore, stock prices — won’t suffer too quickly. The pain for struggling Americans, though, could be rapid and severe.
Continue reading Consumers, Not Stocks, Will Feel Inflation’s Pain First
Consumers, Not Stocks, Will Feel Inflation’s Pain First originally appeared on DailyFinance on Thu, 03 Feb 2011 12:00:00.
Filed Under: Economy, Investing, JP Morgan Chase