Key Words: Investors need to be wary of ‘priced for perfection’ stock markets, warns Larry Summers

The U.S. economy remains a “difficult situation to manage,” and investors need to take extreme care. That’s according to former U.S. Treasury Secretary Larry Summers, who spoke to Bloomberg TV on Wednesday, following data that showed underlying inflation coming in slightly hotter than expected, and 3.7% on a headline annual basis.

Read: For stocks this was ‘the worst part’ of inflation report, says First Trust


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