Inflation hits historic levels & Fink says it is not transitory


To investors,

The big news yesterday was that the CPI numbers came in at 5.4% for June, which was 10% higher than the economists had forecasted. No one expects economists to be accurate all the time, but to miss by 10% is a fairly impressive feat given they spend all day trying to understand what is happening in the economy.

When you remove the food and …

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