2min chapter

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Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185

PBD Podcast

CHAPTER

Inflation Surprise Tanked the Stock Market

Inflation surprise tanked the market a so this isa from inside dow slumped three point nine %. Investors also sold bonds, oil, oil, gold, crypto currencies in response to bleker economic outlook. Faster month on month inflation signal to investors that fed was unlikely to curtail its rate hikes any time soon. And interspate, myght peak at higher level than previously expected.

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