Expanding the horizons of your equity portfolio
week’s release of August’s Consumer Price Index data caused a bit of a stir among investors, as it provided further evidence that the recent disinflationary trend supporting market appreciation for much of 2023 has stalled. Familiar components of CPI (such as shelter) either remain too high or have reaccelerated after showing signs of easing, as was the case with energy prices, particularly gasoline.
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