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home / news releases / TYBS - 'Core' Inflation Rises Most Since September 2008 Powered By Services And Now Even The Peculiar Case Of Durable Goods


TYBS - 'Core' Inflation Rises Most Since September 2008 Powered By Services And Now Even The Peculiar Case Of Durable Goods

What would the Fed do if economic factors were all it looked at?

Inflation as measured by the "core" Consumer Price Index, which removes the volatile food and energy segments, jumped in August at the highest rate in 11 years, by 2.39%, a smidgen above the prior peaks of July 2018 (2.35%), February 2016 (2.33%), and April 2012 (2.32%). The last time, it rose at a faster rate was in September 2008 (2.47%):

The US is currently undergoing the second oil-and-gas bust since mid-2014, or same oil-and-gas bust, with two parts separated by a sucker

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Stock Information

Company Name: Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust
Stock Symbol: TYBS
Market: NYSE

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