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FBC Markets Now May 28, 2013



it is worth noting games over in asia. they have the 175th anniversary. it ties into the great gatsby. back to you. lori: thank you, nicole. melissa: stocks staging their sharpest gains in nearly five months. the s&p case shiller home price index coming in better than expected with a gain of 10.9% for march compared to last year. is this enough to keep the rally going? joining me now is david cho talk. thank you for coming on the show. let me challenge you on a few things that are out there right now. i was looking at this chart of the cpi and it looks like the slope is headed straight upwards. what do you think of that? i do not know about the cpi. we look at the personal consumption bills later. inflation is relatively well behaved. you can pick one and point to it, but the whole idea, i think, melissa, is you have to look at all of them. there is no pressure on the federal reserve from the inflation side. it is pretty clear that they have not decided when they ar ....

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