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Equities Energized as Core CPI Hits Two-Year Low

FS Insight Team

“To hell with circumstances – I create opportunities.” ~ Bruce Lee

Good evening,

Before the markets opened on Nov. 1, Tom Lee, Fundstrat’s Head of Research, alerted investors to a burgeoning “baby rally.” Lee made this call after observing the bearish positioning of both institutional and retail investors, as well as the low levels of leverage in the markets. As this week began, those conditions continued to hold – despite Lee’s call for CPI data to show inflation continui...

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