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X - Unexpected Inflation Will Be Jerome Powell's Titanic
May, 10 2021 07:14 PM
United States Steel Corporation
Powell says inflation will be transitory. Buffett sees "substantial inflation." Inflation could drive interest rates much higher and trigger an equity bear market. The first quarter’s 6.4% GDP growth and great earnings leave limited room for upside surprises. Media coverage of COVID-19’s demise is turning to the unwelcome prospect of higher taxes, inflation, and rising interest rates. For further details see:
Unexpected Inflation Will Be Jerome Powell's Titanic
Stock Information
Company Name:
United States Steel Corporation
Stock Symbol:
X
Market:
NYSE
Website:
ussteel.com
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