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FED BLIND TO CURRENT INFLATION

Jan. 26, 2011 7:17 PM ETSPY, DIA, MDY, IWM, QQQ, XLB, XLI, XLY, XLF, XHB, IYT, XLU, IEF, TLT, TIP, FXE, GLD, SLV, JJCTF, DBB, XME, DBA, JJGTF, MOO, USL, XLE, SGG, COW, KOL, EFA, EEM, EWJ, EWG, EWU, EWY, EWA, EWC, EWZ, RSX, EPI, FXI, VT, MGV, BND, BSV, DJP, DBC, VGT, VWO, VNO, IAU, DJCI, VMBS, VIG, TBF, IEV, ILF, GXG, THD, AFK, BRAQ, TUR
David Fry profile picture
David Fry's Blog
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The FOMC statement once again included language "the underlying (code for 'core' rate) rate of inflation is trending lower." This, of course, excludes just about everything important you use everyday--food and energy. In some places of the world there are food riots. Prices you're seeing at your supermarket are beginning to sky....READ MORE



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