November 23, 2023
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Portfolio Watch: Hot August for inflation; End of the pandemic real estate boom?


• At Bank of the West, economist Scott Anderson says the “hot” August increase in consumer prices also extended to so-called core prices, which are running at 6.3% for the past 12 months, and up from July. That pretty much guarantees a strong Fed response, he writes. Meanwhile, California job growth also reaccelerated, “to a…


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