US Industrial Production Rises 0.7%; Import Prices Also Run Hot
Industrial output grew 0.7% last month, accelerating from August. Both industrial production and import-price data came in hotter than economists anticipated.
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Industrial output grew 0.7% last month, accelerating from August. Both industrial production and import-price data came in hotter than economists anticipated.
Income investors have spent much of the past month dealing with a market that refuses to make life simple. Equities remain resilient, but they are also increasingly concentrated in a handful of large technology companies. Credit markets remain open and broadly functional, but the easy money has been made in many of the