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Non-Tech : Bill Wexler's Trading Cabana
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To: The Reaper who wrote (2172)6/15/2007 8:42:43 AM
From: RockyBalboa  Read Replies (1) of 6370
 
Close to 10% inflation per year, and stocks and bonds rise.

Of course the CPI number is meaningless, what counts is a managed "core" CPI which is essentially flat.

As if someone could live only from core products. Perhaps.

[the CPI number is often touted as too volatile thanks to energy components. But nobody seems to realise that... the volatility is long gone from energy replaced by a pretty steady upward trend]
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