
About this episode
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In this episode, I look at the September inflation data from Canada and the U.S., explain how headline and core inflation diverged, and why the number you hear in the news might not matter at all.
Also in this episode:
📊 Why central banks care more about "core" inflation than headlines.
📉 Investors face a tricky landscape: inflation slowing, but not steadily.
💼 Higher unemployment and soft growth tilt central banks toward easing.
🤔 The final 1% of disinflation is proving harder than expected.
💬 What all this means for your investing strategy heading into 2026.
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