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Financial Markets Exhibit Astounding Sensitivity to a Single Inflation Data Point
When the wires flashed news that U.S. CPI inflation in November was lower than forecast, share prices soared while the U.S. 10-year Treasury yield and the dollar plunged. The instant reaction of the stock market was significantly reduced in pretty short time, but the sensitivity of financial markets underscored how uncertain traders feel about current […]...
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Posted: Dec 13 2022, 16:49
Author Name: feedburner
Views: 110797