Pursuit of Truth in Finance & Economics
Contributor's Links: UPFINA.com

The purpose of UPFINA.com is to seek the truth as it relates to economics, finance and money. We do not have all the answers, but our ethos dictates that we objectively analyze all information. 

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There Isn’t Market Euphoria
There isn’t evidence of euphoria in stocks other than a few retail favorites. This doesn’t mean stocks are immune from a correction.
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This Is The Inflation Peak For Now
Markets don’t react to unsustainable temporary results. The market had known for a few months this would be the peak in CPI.
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Inflation Expectations Are Falling
Small business sentiment was almost unchanged as it fell 0.2 to 99.6 in May.
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Rates Aren’t Too Low
The JOLTS report continued the recent uptrend in job openings. They spiked to a record high of 9.286 million from 8.288 million which destroyed estimates for 8.045 million and the highest estimate which was 8.2 million.
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Massive Land Grab
The economy is headed back to normal; we just don’t know what normal looks like.
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Disappointing May Labor Report
The May labor report modestly missed estimates which was different from the huge disappointment in April. This report actually had a bigger impact on the 10-year yield than the last one.
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