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Goldman says signs that inflation is peaking could be positive for stocks

Goldman says signs that inflation is peaking could be positive for stocks

Traders on the floor of the NYSE, May 27, 2022.

Source: NYSE

Signs that inflation is at least starting to abate from a 40-year high could be a positive for stocks, according to Goldman Sachs.

Markets rallied Friday as a government report showed the pace of inflation slowed a bit in April, primarily due to falling gas prices but also from other factors that at least suggested the run-up was cooling.

Goldman analysts said history indicates the…


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