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The news was kind of bad this week again (retail sales slumped), but the market advanced again to a new all-time high for the S&P 500 and the Russell 2000. Interestingly, the NASDAQ-100 and the Technology sector did not. Last week, I discussed how AI investment management can make us all rich. A Look at the Market The S&P 500 has returned 14.5% with dividends included, and the price is up 13.9% for SPDR S&P 500 ETF (SPY) in 2026 so far. This leaves the market on track to post

American investors have had to learn about inflation over the past five years. The last time inflation was big in the U.S. was the early...