US inflation just fell to 3.1% after posting two months of 0.0% and 0.1% month on month movements.
The good news is that the inflation problem in the US is over.
All key indicators are pointing down and Shelter is the last piece of the puzzle. In the next few months, inflation is likely to drop below 3% towards the Fed's goal of 2%.
So what is going to happen to the US stock market when interest rates start falling next year and when will the rates start falling?
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