Weekly Wrap For The Week Ending February 17th, 2023

Weekly Wrap For The Week Ending February 17th, 2023

10 months ago1 min

Key takeaways from this week:

  • US consumer prices rose more than expected last month in a sign getting rid of inflation isn't going to be straightforward
  • Commodities giant Glencore brought in a record profit haul last year thanks in big part to its coal mining operations
  • Nestlé, the world's biggest food group, saw the volume of goods it sold drop for the second-straight quarter as it pushed through some of the boldest price hikes in years last quarter

And if you're gonna read one insight this week, make it this one looking at why stocks may just weather any further rate hikes just fine.

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