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Greg Ip: Oil Spikes, Auto Strikes Join List of Supply Shocks
With supply disrupted and labor markets tight, don’t give inflation up for dead. In recent days, the U.S. suffered two supply shocks: an attack on Saudi oil production sent crude prices sharply higher and the United Auto Workers walked off the job at General Motors Co., the union’s first strike in 12 years. Neither event would be worrisome
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Posted: September 18, 2019 Wednesday 07:11 AM