The financial market meltdown continues after last week’s CPI shocker

The financial market meltdown continues after last week’s CPI shocker

All of the financial markets are continuing to react to last week’s CPI inflation report. The CPI increased by 1% in May taking year-over-year inflation higher by 8.6% which is the largest gain since December 1981. The largest inflationary drivers continue to be food, energy, and housing. Last week’s CPI report will most certainly have …

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