🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
Rate cuts are now certain, in our view.
And, it's not because inflation is down, but it's because the labor market just got that much worse.
We now have Core CPI inflation rising above 3.0% with a rapidly deteriorating labor market.
Stagflation has officially arrived.