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Barchart
Barchart
Gavin McMaster

Fed Funds, PMI and Other Can't Miss Items This Week

We had some wild trading last week with both CPI and PPI coming in hotter than expected. CPI came in slightly elevated, and the market rallied after some initial selling. PPI, which came in slightly more elevated, had the opposite reaction: some initial buying followed by a lot of selling. 

Tesla (TSLA) also had a rough week last week seeing some sustained selling throughout almost the entire week. It finished the week down over 6%. 

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