4min chapter

The Loonie Hour cover image

Are Markets Finally Pricing In An Economic Downturn?

The Loonie Hour

CHAPTER

Used Car Prices Are Rolling Over

The bank of canada created this, you know, in their infinite wisdom, called the three preferred measures of corp inflation. They designed it to capture persistent price movements by eliminating transitory or sector specific fluctuations in c p. And you can see those numbers, and were starting to rise rapidly at the beginning of 20 21, and the v o c just ignored them for some reason. A c p i em at one point, contributed almost like a third. Keith's porish as finally won down in value.

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