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Wolf Street

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The dirty secret Macy’s is hiding.

Stunning acceleration of a trend.

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Biggest investors in single-family houses: “We need to be patient and allow the market to reset.”

Inflation in services is now where the action is, not commodities or durable goods.

Raging inflation ends an absurdity.

Wait a minute… Six weeks ago, Goldman Sachs & JP Morgan talked investors into buying $600 million of new debt.

Now trying to avoid “a blow that would be irreversible.”