US Inflation just fell to 3.2% after posting a 0% month on month movement.
This is fantastic news because all the key data is showing that inflation in the US is over.
US CPI without the lagging Shelter indicator is at 1.3% and Core Inflation is at 1.9%. Shelter is on its way down – we can already see it in the data but it will take time because of the lag effect.
So what is going to happen to the US stock sector when finance charge rates start falling next year and the economy rebounds after a 2-year suppression?
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