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‘Don’t fight the Fed,’ Goldman says. These stocks can benefit from higher inflation. – MarketWatch

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U.S. stocks look set to start Monday on the back foot ahead of key inflation data and earnings reports later in the week.Fears over rising COVID-19 cases and vaccination problems, after a Chinese government official said the effectiveness of its vaccines was low, has put equity markets under pressure. However, the partial reopening of the U.K. and upbeat comments from Federal Reserve Chair Jerome Powell provided some positivity. Investors will also be awaiting consumer price data on Tuesday and…

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