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Market Reaction To November CPI Data

The major U.S. stock indices are mixed Friday, Dec. 10, 2021 following the release of November’s Consumer Price Index report indicating inflation near 40-year highs. The headline number’s monthly change of 0.8% topped consensus calling for a 0.7% increase and the yearly 6.8% change lined up with expectations. James Locke says inflation is the number one concern for investors currently and breaks down the data, how markets reacted, and what he expects for inflationary concerns moving forward.

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10 Dec 2021

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