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3.8%
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📒 Industry Watch TermMax Notes｜No.011 (Unexpectedly positive; rate-cut expectations weakened, and the US stock market can be happy again. The US June Consumer Price Index (CPI) rose 3.5% year over year, expected to rise 3.8%, prior value was up 4.2%. The US June CPI fell 0.4% month over month, expected to fall 0.1%, prior value was up 0.5%.) Recently, I collected market notes from the past few years and found a rather interesting pattern.