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Markets Now Recognize Approaching Disinflation

Por: Forbes Business November 13, 2022

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Fed Tightening Cycle Over Past 40 YearsHaver Analytics, Rosenberg Research The CPI came in at +0.4% M/M for October, much better than the +0.6% consensus estimate, and the Y/Y number, a favorite of the Fed, fell to 7.7% from 8.2%. The financial markets rejoiced. The tech heavy indexes, which had been hit hardest in the markets’ recent selloffs, rose most. The Nasdaq rose 7.9% on Thursday; the S&P 500 was up 5.5%, and the DJIA, the least tech... + full article



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