Evercore ISI believes that market will break out of its downturn owing to rising inflation
Stocks could start grinding higher due to peaking inflation, according to Julian Emanuel of Evercore ISI. He points to a favourable pattern dating back to 1994, when stocks and bonds both declined at the same time. On Monday, the firm’s senior managing director told CNBC’s “The market just sort of digested it, and there was … Read more