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Barron's Live
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The CPI Number Is a Big Focus for Investors Going Forward.
Most of the losses we saw for tech in 2022 were valuation focused, right? It's not like the earnings numbers had come down that much. So if we now get both the lower valuation because of renewed pressure on rates or higher pressure on rates, plus now as you say, the e comes down, it's sort of doubly problematic, right? Exactly. And so I guess tomorrow becomes a very critical day when we get the next February jobs report. The CPI number is very important.
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