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“This is a big deal,” said King Lip, Chief Strategist at BakerAvenue Wealth Management in San Francisco. “We have been calling the peak of inflation for the last couple of months and just have been incredibly frustrated that it hasn’t shown up in the data. For the first time, it has actually shown up in the data.”

Full Article: Reuters U.S. Markets, November 10, 2022: Wall Street ends sharply higher on sign of cooling inflation

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