A Lesson In Following Economic Data
Earlier this morning, the Bureau of Labor Statistics (BLS) released its CPI statistics, which are used to measure inflation, and ultimately sending shockwaves through financial circles. The headline takeaway? Inflation is red-hot—again. In early morning trading, the key indexes tanked: On the surface, this is the perfect data point for the usual narrative spin: “Inflation … Continue reading A Lesson In Following Economic Data
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