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Thursday, May 13, 2021
It’s all about demand.
Inflation data published Wednesday left markets spooked.
Consumer prices rose at the fastest annual pace since 2008 in April, according to the latest data from the BLS, news that sent stocks tumbling with the S&P 500 (^GSPC) falling 2.1% on the day.
The simplest read on the market’s reaction to…
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