LSA Connect

Economic Update 1-18-2022

  • Economic data for the week included continued historically-strong producer and consumer inflation readings, while retail sales came in weaker than expected.
  • U.S. equity markets fell back last week, as investor continued to digest tighter monetary policy and the impact of the Covid omicron variant. Foreign stocks fared a bit better, due to a weaker dollar. Bonds were mixed, with lower-rated bonds outpacing investment-grade, with yields moving slightly higher. Commodities gained in keeping with a weaker dollar and rising crude oil prices.

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LSA Connect, January 18, 2022

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