MARKET DAILY

Market 11/22: Consumer inflation expectations rise sharply

Oil prices drop sharply ahead of delayed OPEC+ meeting. NVIDIA revenue hits record amid AI frenzy

Short-term consumer inflation expectations rise from 4.4 to 4.5, and from 3.1 to 3.2 over 5-10 years (highest since 2011).

Consumer sentiment index at 61.3, higher than expected but still at 6-month low due to declining short- and long-term economic expectations.

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