Video: Macro Minute: May Core PCE shows 'war inflation' probably peaked, hence, rates low.  Semi and Memory dip is still buyable

Video: May Core PCE was mainly driven by ‘financial services’ which means stock market gains drove inflation.  Ex-financials, core PCE was 0.22%, which is pretty close to the Fed’s target, and this explains why yields fell sharply.

Please click here to view our Macro Minute (duration: 4:40).

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