Episode 469: The DC Today - Tuesday September 13, 2022
It was the worst day for markets in well over two years.
It was the worst day for markets in well over two years.
The Consumer Price Index (Headline CPI) came in +8.3% over where it was a year ago. Core CPI (which excludes food and energy) came in at +6.3% versus a year ago. Food prices and the lagging effect of shelter cost put upward pressure on prices while energy prices and used cars put downward pressure on prices.
David is the Founder, Managing Partner, and the Chief Investment Officer of The Bahnsen Group.
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