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S&P 500
The Guardian
13 mins

US prices continued to rise despite Trump claim of ‘rapidly' falling prices

1. US prices rose 2.7% in November, deviating from economists' expectations. 2. Unemployment climbed to 4.6%, a four-year high, despite job growth. 3. Trump claims credit for price reductions, contradicting current inflation trends. 4. Fed may pause interest rate cuts amid inflation and unemployment pressures. 5. Consumer expectations of inflation have significantly increased since January.

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FAQ

Why Bearish?

Rising inflation amidst high unemployment suggests economic instability, traditionally bearish for S&P 500.

How important is it?

The economic indicators discussed are critical for assessing overall market sentiment and performance in the S&P 500.

Why Short Term?

Immediate market reactions expected due to rising inflation and unemployment statistics.

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