Inflation: The Fed still has to do more, strategist says

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Wells Fargo Head of Equity Strategy Chris Harvey, spoke with Yahoo Finance anchors Julie Hyman and Brad Smith about the May CPI report, inflation, the Fed and the impact on the markets.

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Think the market has climbed so high because these institutions have more money than they know what to do with.
Shareholders are the priority over the middle class, that’s why wages will never keep up with inflation and the tax burden is on the middle class.

javiertorres
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Economy will keep going with all that stimulus, recent debt agreement adds $4 trillion in stimulus over next 2 years, recent Inflation Reduction Act is stimulus, even proposed tuition reimbursement is stimulus, the multiplier effect from all this spending keeps our Ponzi Scheme economy going.

miken
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The Fed needs to do nothing, the DOJ needs to go after price gauging corporations!!! Bring interest rates down, and get out of the way!!!

BrianJohnson-dupj
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A pause makes no sense if they know they are going to raise in July.

petenrita
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Rates will need to hit 9% minimum and there will need to be a crash to de-leverage the economy. Inflation won't go away until that happens.

marcuscook
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right a strong economy means less jobs....

sinjab
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''In Debt We Trust''

christianduval
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Let’s see if the fed is weak or strong tomorrow clearly inflation has leveled off core is stagflation

tedstriker
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Yeah SURE, inflation will go up, also he will raise it 1/4

stevemace
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Inflation will get worse with the market taking off like it's free money.

arshia
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Yes i hv a lot of play bcz you manipulate my tables so why. Matuto kayo wag puro kayo madusunod leaders till you said to my table enough

maricel
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Bardagulan tayo ngayon matirq matibay? I want to play the wealt and i want to show to everyone wht meaning of powers.

maricel
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Thanks for the update and keep doing what you do. My journey in the current market has taught me a lot of lessons, thinking about investing diversification certainly is the key, that's why I engaged in sectors based on projected growth. There are no shortcuts to getting rich but there are smart ways to go about it. professional Gregory Thomas Patchak has been my advisor and trader for a while now he has been doing a great job reviewing all charts and trade which has enhanced the growth of my portfolio to a six figures lately.

Bradleyschaeffer