Wells Fargo’s Paul Christopher: Expect choppiness ahead, trim positions

4 hours ago 1
Budget cuts, costs and unplanned expenses. Stress and nervousness. The concept of austerity and extortion. Inflation threatens savings. Poor financial planning. Reducing income. Expenses cover income.

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Wells Fargo Investment Institute’s head of Global Market Strategy, Paul Christopher, is warning investors to prepare for potential market weakness amid rising inflation expectations.

In an interview with CNBC, Christopher expressed concern about recent increases in longer-dated inflation expectations, noting that “five-year inflation

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