Five Dumbest Things
The Five Dumbest Things on Wall Street This Week
So there you go. You've got the same person -- the same basket of goods, so to speak -- who for no particular reason is valued 1,300 basis points higher today than she was eight months ago. Now, if that doesn't embody inflation, what does?
Forget about the consumer price index or whatever inflation model economists usually employ. We'll stick with our new Melania Knauss Supermodel Inflation Model. And, boy, is it scary.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.80
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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