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Wells Fargo advised investors to hedge before the release of the July Consumer Price Index (CPI), as its sentiment indicator reached 1.4 in August, the highest "sell" signal in eight years.
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Previous: Goldman Sachs analyst Sung Cho believes that the AI bottleneck is no longer chips, and optical communication and fiber optic equipment manufacturers will be the next big winners in the AI field.
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Next: HSBC said Wednesday's US CPI report could be the next dovish catalyst, prompting markets to further reduce expectations for Federal Reserve rate hikes.
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