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Surprising Entanglement Between Stocks and Bonds Offers Investors Rare Sign of Hope Following Disappointing Inflation Data
September’s Consumer Price Index report hit the wires yesterday, and once again, inflation data sent investors into a tizzy. While the headline rate slowed from 8.3% year-over-year (YOY) to 8.2%, the “core” rate, which excludes food and energy, accelerated to 6.6%—a fresh multi-decade high. Unsurprisingly, rate hike expectations jumped, with most market participants now seeing […]
