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The May 27 week is shortened in the US by the Memorial Day observance on Monday. Reports normally released on Monday will be moved to Tuesday, and some Tuesday data to Wednesday. There isn’t a lot of market-moving potential in the week’s economic data calendar. The most looked at data will probably be the PCE deflator for April in the report on personal ...
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Funny story to start. Last week I made the analogy of inflation as a maple seed, helicoptering slowly down to the ground… As a side hobby, I umpire Little League baseball in my town, and on Wednesday I was standing there waiting for the game to start and as I looked out across the middle of the field, I saw a maple seed spinning about six feet off the ...
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