Yields Continue to Fall – SPX $4500

12:59 p.m. ET In reaction to my Daily Wrap post’s title yesterday, “Inflation is Yesterday’s News”, San Francisco Fed President, Daly (not an FOMC voter), reiterated in a CNBC interview that it’s too soon to declare victory on inflation. I’m kidding of course about Mary Daly responding to my post title, but I don’t doubt that is…

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