Stocks are lower to start the holiday-shortened week as higher oil prices, driven by additional Iran attacks, weigh on inflation expectations & investor risk appetite.
After a surprisingly firm August jobs report Friday that sent stocks down on rate hike fears, the market returns from a holiday weekend awaiting CPI data and Treasury auctions.
With an eye on inflation, Schwab's Kevin Gordon looks at how Wall Street's view of changing prices differs from Main Street his latest look at the Week Ahead.
Stocks are on track to be little changed on the week but encountered some chop throughout the week on oil price volatility and higher global bond yields.
It's been 40 years since I began my career on Wall Street and the lessons I learned along the way from some all-time investment greats always hold true.
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