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Inflation Meets Forecasts, Uncertainty Endures
Episode 666
Published 1 year, 1 month ago
Description
Markets do not enjoy uncertainty. They tolerate it, trade on it, even profit from it, but they never quite enjoy it. This week on Wall Street, uncertainty has been the prevailing mood. Futures wavered, indices sagged, and traders sat with their eyes fixed on a single number: inflation. With PCE data hitting forecasts, the mood improved this morning.
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