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D&D Note (6.10.2022) ~ Markets Tank on Hot Inflation the Highest Since 1981 ~ The Consumer Price Index CPI report showed inflation rose 8.6% in May, the highest reading since 1981. Here are the May Year-over-year changes: Fuel Oil up 106.7% Airline Fares up 37.8% Used Cars & Trucks up 16.1% Food at Home up … Continue reading
D&D Note (4.7.2020) ~ Rallies Built On Hope Tend To Fade ~ The S&P 500 started the day with a 3.5% gain on the back of yesterdays Hope fueled rally. Problem with having a rally not based on Fundamentals or Technicals is that they tend to always fade. Throughout the day the market drifted lower … Continue reading
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