Yahoo Finance Morning Brief

Given the chaotic action seen this previous week, count on extra volatility ahead as whatever mispricings the market is presently figuring out are clearly not settled. Markets, in brief, are attention-grabbing again. Expect this to proceed.

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In the week forward, we’ll get a highly-anticipated reading on inflation in January on Wednesday morning. Economists are searching for core” inflation — which strips out the more risky costs of food and fuel — to rise 1.7% over the prior yr. This expectation is below the Fed’s 2% target, however with buyers not too long ago attributing higher wages as an indication of inflation to come — and with anxiety over extra inflation not less than partly contributing to the declines seen in shares this past week — Wednesday’s reading will be closely watched.