All US markets decreased last week as the large cap S&P 500 was roughly 14% off its high but managed to rebound and end down -2.9%. Inflation surged to its highest level since the 1980s last month as the Bureau of Labor Statistics reported its Consumer Price Index (CPI) rose in February to 7.9%. With those numbers in mind, the largest number of businesses in over 40 years reported “high inflation” was their top worry. Get the latest on international news and more in our economic report for the week ending 03.11.22.
The Sharp Financial Group Economic Report: 03/11/22
March 15, 2022