This could be the start of a traditional post-midterm rally as signs of slowing inflation emerge

This could be the start of a traditional post-midterm rally as signs of slowing inflation emerge

October’s colder-than-expected consumer inflation report sparked a massive rally in stocks that could herald the traditional fourth-quarter rally of the midterm election year. Bond yields fell sharply as stocks soared after October’s consumer price index rose 0.4%, less than the 0.6% expected. The gain was 7.7% from a year ago, less than the 7.9% expected …

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