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Inflation will ‘peak soon,’ have negative impact on stocks: Market strategist

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Wells Fargo head worldwide markets planner Paul Christopher says inflation will trigger people to 'dip right into their financial savings' as well as 'acquire fewer products.'

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Inflation will ‘peak soon,’ have negative impact on stocks: Market strategist

Wells Fargo head global markets strategist Paul Christopher argues inflation will cause people to ‘dip into their savings’ and ‘buy fewer goods.’

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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