Those infuriating prices at the grocery checkout line are lagging indicators and no way to guide a portfolio.
AKA - When is this going to end?
What the markets are telling you that CPI isn't and what about wages?
And likely here to stay for some time following yesterday's worse-than-expected CPI report that has the market thinking we are in for a more hawkish Fed…
And when a hawk sounds like a dove
But there is plenty of room for it to get worse
C Suite moaning about inflation pressures while profit margins spike
A contraction versus expectations for slight growth, but the details are less grim
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Elle's Economy