What Inflation Fears? S&P Notches Record Close Despite Soaring Prices

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Recorded10 Jun 2021

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Show notes

The Consumer Price Index rose in May at its fastest pace since the financial crisis, but markets seemed to shrug off inflation concerns, with the S&P closing at a record high and bond yields falling. The traders dig in to what the market is saying. Plus the Reddit trade went bust on Thursday as a regulatory crackdown looms large. What it means for the future of the momentum stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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