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Inflation is undergoing a ‘structural shift’ and these markets will benefit, strategist says

 11 days ago

Cover picture for the articleThe U.S. consumer price index on Thursday showed a 5% jump in headline inflation in May from the previous year, its sharpest increase since 2008. Livermore Partners has noted that wages are not rising as much as would normally be expected alongside GDP growth rates upward of 6%. Real average hourly earnings, which account for inflation, were down 2.8% in May from the previous year.
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