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The April CPI report yesterday and the April PPI numbers today confirmed concerns that inflation is increasing rapidly throughout the nation's economy.
While numbers may have caught many economic pundits off guard, anyone that has been to happy hour (a.k.a, those that live in the real world) already knew inflation was surging.
Are inflationary impacts priced into a market trading near all-time records? That is the $64,000 question for investors right now.