“I don’t mind going back to daylight savings time. With inflation, the hour will be the only thing I’ve saved all year.” – Victor Borge, Danish comedian
The Consumer Price Index (CPI) came in higher than expected on 9/13. Global stock markets responded with the largest one day drop since 2020.
Was the ugly loss justified or did the market get it wrong?
Pure Portfolios’ President & Chief Investment Officer unpacks the latest CPI report, reads the inflation tea leaves, and discusses the future path of interest rates.
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