Pressure For Bear-Market Bounce Building

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Welcome to The Observatory. The Observatory is how we at Prometheus monitor the evolution of both the economy and financial markets in real-time. Here are the top developments that stand out to us:

i. CPI decelerated on a YoY basis but surprised expectations to the upside. By our tracking, the pressures from energy abated; however, the price surges in food added significantly to the top line.

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