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Ep 173: Ken Shreve: How To Buy Stocks With Bottoming Bases

Investing With IBD

CHAPTER

The Market's Response to the Inflation Data

The inflation data consumer prices Wednesday was not what the Fed wanted to see. The odds for a full percentage point hike 100 basis points rose to above 50%. We're probably going to get two aggressive hikes in a row by the Fed and then when happens after that we'll have to see. But I think investors are getting a good lesson of the challenges of overhead supply.

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