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Inflation Rises & Surprises | 10.13.22

Morning Wire

The Stock Market Is About Confidence in the Direction of the Country

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The stock market really is about confidence in the direction of the country and the health of the economy. I think people are much more concerned now about the pace of inflation, whether or not they're ever going to catch up. Around 70% of Americans feel the country is going in the wrong direction. The midterm elections are only four weeks away.

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