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Stocks overshot to downside even with inflation risks. Indeed.com shows material weakening in labor markets = reduced wage inflation risk

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Inflation expectations (market-based) falling past 6-8 weeks...

Inflation and fears of surging inflation are top of mind. There are many causes behind this rise in inflation from supply chain woes, war-related disruptions, COVID-19 policies, China lockdowns, worker fear and of course, strong economic growth. And because there are so many factors, it is difficult for markets to assess where the Fed's fight ...

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