The DC Today - Thursday, December 1, 2022
Channel: The Bahnsen Group
Date: 01/12/2022

The Fed’s favorite inflation measurement (PCE) came in up just +0.2% on the month, less than the +0.3% expected, and known to be tainted by the misleading contribution of housing’s lag effect (which I have written about extensively).  The September gain had been +0.5%, so the stock and bond market responded favorably to the disinflationary trend.

Blog post here: https://bahnsen.co/3FfhF0v

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