Key takeaways
- Businesses that possess this valuable characteristic can better navigate the current environment.
- The Consumer Price Index rose 3.7% during the month of September.
- Ferrari just reported a Q3 operating margin of 29.7%, which is typical of a luxury brand.
The Consumer Price Index continues to run well ahead of the Federal Reserve's long-run 2% target. If companies are able to occasionally ask customers to pay more, they are in an elite category.
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