Any rise that is not accompanied by economic growth will be tied to inflation or credit risk.Next week, the economic news is fairly light. We will get PPI and CPI. I am expecting to see wholesale prices move higher, but consumer prices are likely to be benign. Weak demand will keep producers from raising prices and that means profit margins will start to decline. This will not be a major market mover and investors will focus on improving employment. Last week, private sector job growth increased for the 4th straight month and yesterda.y’s initial jobless claims were much better than expected. ISM services and manufacturing were also strong last week.
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