Falling Inflation & Your Money 7/12/23
Halftime Report
00:00
The Fed's Focus on the Core CPI
The consumer is stretched. Politically, no, the consumer is not. Headline CPI is 3% year over year. If it's a two handle on the headline, and the Fed is still trying to break the labor market, they're going to run into a significant political and societal problem when inflation is broken. The top ten stocks leading the performance in 2023 are coming from the NASDAQ. After that peak, Frank, the bottom for the move in equities was placed.
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