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Markets are getting it wrong on rising inflation, economist warns [CNBC]

COMCAST (CMCSA)  More Company Research Source: CNBC
Last comcast earnings: 7/26 07:00 am Check Earnings Report
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PDF Inflation has been a major factor in how markets have performed. Data releases earlier this month have pushed up sovereign debt yields and even fueled an equity market sell-off. Published 1 Hour Ago CNBC.com Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) moments before the Closing Bell. Market participants have distorted expectations on how much consumer prices will change in the future, an economist told CNBC Thursday. Inflation has been a major factor in how markets have performed. Stronger-than-expected labor data in the U.S. as well as consumer prices have been interpreted as a sign that inflation is about to pick up at a fast pace after years of moribund growth. Such data releases earlier this month have pushed up sovereign debt yields and even fueled an equity market sell-off . A market that reacts negatively to a 2.9 percent wage increase and record-low unemploym [Read more]

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