PCE Deflator Returns Focus to Inflation, Fed

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Stock futures are pointing to declines after a reversal in Amazon earnings, but today should be more about inflation and next week’s Fed meeting…

Apr 28, 2023

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Good morning contrarians! It is Friday, April 28.

State of Play

Yesterday was a huge day for stocks, especially tech. After the close, earnings from Amazon (AMZN 0.00%↑) sought to pile on the bullish news, but t…

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