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Unusual Whales Pod #9: CPI, Macro, the Federal Reserve, and Inflation

Unusual Whales

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The Fed Doesn't Want the Market Higher, Tony?

Jim Boulden: Why would it be that the Fed doesn't want the market higher? The only thing I can think of is they're going to continue raising rates right into what looks like weaker economic data, he says. He thinks commodities bottom this summer and oil starting to break out again. "I don't think they can catch inflation because so much of inflation is driven by oil," writes Boulden.

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