Inflation Data Viewed as Gift but Investors Still Get Scrooged
December 16th, 2022 Hopes were dashed for a year-end Santa rally as a series of economic reports painted a mixed outlook for the economy. Markets rallied early in the week as November’s CPI report showed inflation shifting lower month-on-month, bringing some much need relief to inflation-weary consumers. However, the market’s momentum stalled on Wednesday as…
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