Markets, Meditations, and Mental Models

Brief: 22 Hours and $49 Billion


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The market got the number it wanted and the reversal it did not expect. June CPI fell 0.4%, the largest monthly decline in six years, and the S&P rallied 0.38% on it. But the soft print measured a ceasefire that collapsed a week ago, and the toll that was supposed to replace it lasted less than 24 h
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Markets, Meditations, and Mental ModelsBy Cosmic Trex