Inflation getting stuck at current levels, or higher, should be the principal risk domestic portfolio managers defend against, not a retracting economy, according to Mizuho. With the Federal Reserve recently signaling it wants to prevent any further weakening in the labor market,

Stock futures rise slightly at the start of a week in which speeches by big-name policymakers and a barrage of macroeconomic data will either cement or check the market’s current rate-cut euphoria. Stocks looked set to rise slightly at the start of a week in which speeches by big-name policymakers and a barrage of macroeconomic data will either cement or check the market’s current rate-cut euphoria.