Wall Street is missing the point
CNN
Liz Ann Sonders, the chief investment strategist at Charles Schwab, is bracing herself.
Economic data arriving Thursday is expected to show that, despite long-gone hopes that inflation in the United States would prove transitory, it still hasn't peaked. Economists polled by Refinitiv predict that consumer prices rose 7.3% year-over-year in January, up from 7% in December.
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