Weekly Update 5.14 Finding a Tailwind During Inflationary Headwinds
by Zach Marsh on May 21, 2021
This week we witnessed a pickup in volatility. Perhaps it was the CPI reading which showed a dramatic increase in inflation—6.2% year over year and 0.9% month over month. Maybe it was fallout from the Colonial Pipeline hacking. Or, maybe, it was recent changes in CDC guidelines causing a further unwind of the lockdown trade. Whatever the cause, markets certainly were a bit jittery this week.