Stock Market Outlook - August 15 2021

The stock market outlook uptrend remains in place this week, as the S&P500 grinds higher and hugs the upper bound of a price channel.

The CPI and PPI numbers, released last week, appear to show that price inflation is waning (transitory), while cost inflation is just getting started.

More commentary after the jump... Stock Market Outlook - Week of August 15 2021