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Today's Summary

interest rates have to go down, wage inflation, and/or prices have to decline. inter parfums ceo sells $1.8 million in stock with shares down 10% year over year. a PAC supporting the candidate has ties to Republican interests.government interest costs are exploding, and were borrowing more to pay the interest. economists will tell you that the government isnt like a household.president obama is a spokesman for the u.s. government.