*Eurozone inflation just reported .6%, continuing its seven-month march higher.
*he ECB has been buying bonds supporting markets until inflation gets to 2%.
*Until then markets have support. When inflation hits close to 2% this major support could disappear.
Eurozone inflation just reported .6%. The rate of inflation has accelerated six of the last seven months. At this pace we are about one year away from the ECB tapering their bond purchases. Until then markets can rise. When tapering starts markets likely get hit.
|Source: Trading Economics|
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