Can the US stock market stand 3% US inflation?
US inflation remains stubbornly over 3%. Will the markets stay stubbornly high?
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This week's US inflation numbers came in and they’ve remained higher for longer than many expected, or wanted. How does this change the Federal Reserve’s outlook and will the US stock market respond or continue its jaunty ascent? Today on the show Katie Martin and Robert Armstrong unpack the numbers. Also, we go long UK pasty purveyor Greggs and short Tesla.
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