The BFD Of The PCE
Well, the presumed big event of this week is coming up in the morning, before the opening bell: the PCE report, which is basically real inflation divided by, I dunno, three or four. As you can see, this concocted, totally fake inflation data doesn’t budge very much from month to month, but for some reason all life on Earth depends on what this data point turns out to be tomorrow.
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