PCE Inflation Keeps Markets in Limbo

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PCE inflation remains sticky … why gold wins regardless of where inflation goes … gold has crushed stocks since 2000 … the “government debt” tailwind This morning’s Personal Consumption Expenditure (PCE) Price Index report largely matched forecasts. Core PCE, the Fed’s preferred inflation gauge, increased 0.2% month-over-month. This was in line with the Dow Jones…

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