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The headline economic data release during the upcoming week will be the consumer price index (CPI). Inflation is in the crosshairs of many investment professionals as the Fed continues to reiterate its accommodative policy while the likelihood for additional fiscal stimulus grows. Furthermore, the reopening of the economy and pent-up demand may also boost inflation. Policy makers are walking a fine line as they must be careful that their policies do not accelerate inflation to a point where it’s hard to rein it in.
It is another busy week for blue chip earnings releases lead by Walt Disney, Cisco Systems, CocaCola, and Pepsico.
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