Inflation problems persist — no thanks to consumer resilience 😭
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Inflation problems persist — no thanks to consumer resilience 😭
Good news is bad news, though some bad news is good news 🙃
We’ve discussed how Fed-sponsored market beatings would continue until we got “clear and convincing” evidence that inflation was coming down.
We did not get that evidence last week.
On Wednesday, we got a surprisingly hot consumer price index (CPI) report that followed last month’s surpri…
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