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PVG Market In A Minute - October 19, 2021

  • PVG Admin
  • October 19, 2021

Last week, the CPI was reported up .4% month over month or annualized at 4.8%. Retail Sales were also reported, up .7%, so over half the Retail Sales increase was due to inflation. Clearly, inflation is eating away at the consumers purchasing power. You cannot make this up: Biden’s Chief of Staff Ron Klain said that inflation was a high-class problem.

Market in a Minute 2021-10-19


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