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The Day Inflation Broke

The Compound and Friends

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CPI, Lower Than Expected, Is Going to Continue Higher

Since 1950, there have been 54 including today up 4% days. That's only happened 22 times, 0.12%. So what is moving the market today? We found out S&P is up 5.1% right now. But CPI, lower than expected, was underneath the hook. And if we get a recession or softening in demand, then obviously that's going to put more pressure on CPI.

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