Why 1st/2nd Combos Are Back; Inflation Cools/Rates Plummet; Government Shutdowns; Permanent Daylight Savings Time? (Maybe Not)
The Fed’s preferred inflation gauge, the Personal Consumption Index (PCE), came in cooler than expected today. This shocked the markets, given all the fearmongering about “resurging inflation,” and rates have been falling all morning as a result.Read More
