Why the market should prepare for inflation to return in Trump second term, according to hedge fund investor David Einhorn

By Hedge fund icon David Einhorn said at CNBC’s Delivering Alpha investor summit on Wednesday that he has increased his market bets on inflation as a result of the belief that Donald Trump’s second-term policies could overheat the economy and the administration will be willing to tolerate it. He cited tax cuts and an immigration…

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Higher services costs lift US producer inflation in October

By: Lucia MutikaniNovember 14, 2024 at 8:56 AMBy Lucia MutikaniWASHINGTON (Reuters) -U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, more evidence that progress towards lower inflation was stalling.The report from the Labor Department on Thursday followed on the heels of news on Wednesday that…

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