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Power is Power

Power is Power

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Price increases have slowed. Inflationary pressures are subsiding. The November Consumer Price Index (CPI) reported prices rose at a 2.7% rate compared to a year ago. That was cooler than the September report, which is the most recent. That came in at 3%. There was no October report due to the government shutdown. Core CPI, which strips out food and energy, was up just 2.6%. That gave a serious jolt to stocks. The rally is back on...

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