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Inflation Isn’t the Stock Market’s Biggest Problem. Here’s What Is.

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November 14, 2021
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Everyone’s afraid of inflation. Investors should be afraid of the bond market instead.

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Rising prices got much of the blame for the stock market’s bad week. On the surface, that seems like a reasonable stance. The S&P 500 index declined 0.3% this past week, while the Dow Jones Industrial Average fell 0.6% and the Nasdaq Composite dropped 0.7%.

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