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Another week, another record high. Each of the three major US equity indexes climbed to new record highs on the week, with the S&P 500 (SPY) breaching 3,000 for the first time ever on a busy week of inflation data and Fed Chair Powell's testimony to Congress. Despite slightly warmer-than-expected inflation data, the Fed Chair reiterated that easier monetary policy was needed to address signs of cracks in the global economic recovery and stimulate inflation back towards their 2% target. Outside of rising housing costs, which was largely responsible