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Did a Surefire Signal to Buy Stocks Just Flash?

·4-min read
Did a Surefire Signal to Buy Stocks Just Flash?

All eyes were on the Bureau of Labor Statistics (BLS) last week. On Aug. 10, BLS announced that the July Consumer Price Index for All Urban Consumers (CPI-U), arguably the most important measure of inflation, remained unchanged from the previous month at 8.5%. One day later, the agency reported that the Producer Price Index (PPI) fell by 0.5% in July.