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Markets capped off a strong month with an even stronger week, with the leading US market up 4% for the week and 9% of for the month.
Markets were up more or less in unison last week despite, or really because of, largely weak economic data in the US and mixed results from the US earnings season.
The most anticipated economic release of the week (and of the month) turned out to be simultaneously shocking and monotonous.
Investor explainer on leading sustainable Australian company Brambles
Investor brochure
In light of Tuesday's US CPI print, and the subsequent market reaction, we dive into why the market was so upset about a 0.1% increase in prices, and what this means from the perspective of an Australian investor.