October Jobs Report Beats Expectations with Unemployment Dropping to New Pandemic Low
Real Vision: Finance & Investing
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Do You Think the Fed's Preferred Indicator of Inflation Is a Transitory?
Inflation is about 50% higher than thei longer term target, which is two % on cor pc e. The transitory items in this measure are coming down. Airline tickets, rental car prices, ar are going to probably ar rolling over and probably going to come down. But wages, a owner's equivalent rent, or the broader shelter index of measures of inflation,. that's set to move higher into the middle of the year. We still might be six or nine months away from this peaking. Not ift et throws a fit. It won't be transitory. And i've talked about this already. If these high short term rates stay y, theyre ging
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