BofA: Stocks can endure more inflation after last week’s jobs data, market pullback. Friday’s sell-off on the back of strong labor stats gave the market more breathing room when it comes to inflationary pressures. Investors now have more of a margin for error with what to expect on the inflation front. While hotter prints could put further pressure on equities, we believe the blowout NFP increases how much inflation equities can withstand … especially after last week’s selloff
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