We make more money being short the market. But in the short term some NY Fed data out Friday bears a closer look. Which we will do as well as we size up the rest of the economy.
I think the bottom line might surprise you. It did us.
Then we’ll review the real-life inflation data which the Universe served up this week in our Focus section. It was a chance to see where real inflation takes place.
A short two-cupper it is…
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