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12 Things Everyone Got Wrong About Inflation

The Compound and Friends

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Morgan Stanley's View on the Consumer

The market is telling you that investors are not willing to hold out for the old highs, and a lot of big companies are back at old highs. That's just market psychology, but that would be what I would watch for. All businesses from Moynihan, all businesses perform well. We still improve market shares, particularly in sales. Our customer spending pattern is now more consistent with the pre-pandemic, lower growth, lower inflation environment.

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