Will high inflation kill the bull market in stocks? History says probably not

U.S. inflation didn’t run as hot as expected in August, but it's still a source of worry for investors and policy makers. But a jump in inflation is hardly ever enough to derail a bull market in stocks, according to a top Wall Street technician.

U.S. inflation didn’t run as hot as expected in August, but remains elevated and a source of worry for investors and policy makers. But by itself, a jump in inflation is hardly ever enough to derail a bull market in stocks, according to a top Wall Street technician.

“We can’t find much evidence that spiking inflation figures are bearish for equities,” said Jeff deGraaf, founder of Renaissance Macro Research, in a Wednesday note.

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