- U.S. indexes spent the first half of the week ending June 10, 2022, in a holding pattern as investors awaited the release of the monthly inflation report.
- A profit warning from TGT indicating they would have to offer discounts to clear goods provided some hope that inflationary pressures would begin to wane in the months ahead.
- Commentary from Treasury Secretary Janet Yellen, however, suggested the U.S. is likely to face a prolonged period of elevated inflation.
- As concerns mount, there are five laggards this week that can provide assurance of resilience, given their strong track record of dividend growth and leadership position in their respective industries.
For further details see:
5 Laggards For The Week Ending June 10, 2022