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PPI reads above consensus:
Figure 1: Month-on-Month PPI inflation (black), instantaneous PPI (blue), instantaneous core PPI (tan), for T=12, a=4 per Eeckhout (2023). Source: BLS, and author’s calculations.More By This Author:Instantaneous Inflation In June Reserve De-Dollarization In Progress?An Alternative Civilian Employment Measure
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The Complete List Of Wilshire 5000 Stocks
Future Market Returns = Dividend Yield + Earnings Growth +/- Change In P/E Ratio
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