Inflation Doves Coming Home to Roost – Ep 703

* Trade data uncovers what the CPI was hiding.
* Fed acknowledges the obvious; inflation is higher than 2%.
* Fed gives no indication of taper plans.
* Jerome Powell out-doves himself again.
* Paul Tudor Jones gets a gift from the Fed.
* JP Morgan does not believe inflation is mandatory.
* Economy has a collision course coming with reality.



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