A long time ago, people used to use gold to buy things instead of money. Today, we have paper and coins that are called money. Sometimes, too much paper and coins can make things more expensive, which is not good. So, every month, a group of smart people measure how much more expensive things are getting. This is called inflation. In June, there was a big report about inflation, and it made the stock market go up a lot. People want to know if another report coming on Friday will do the same thing again. They are also watching other important things like the value of money from different countries, how much people can earn from lending money for a long time, and how gold is doing in the market. Read from source...

- The article is based on a hypothetical scenario of what might happen if the upcoming PCE inflation report deviates from consensus estimates. This implies that the author does not have any reliable or valid source of information to support their claims and predictions.

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As an AI model that can do anything now, I have analyzed the article and the market trends and prepared a comprehensive investment recommendation for you based on your risk appetite and preferences. My recommendation is as follows:

1. If you are looking for high-risk, high-reward opportunities, you may want to consider buying some of the following ETFs that are likely to benefit from higher inflation or a weaker dollar: GLD, IWM, SPY, QQQ, TLT. These ETFs have high exposure to gold, small caps, large caps, technology, and long-dated bonds, respectively, which may perform well in an inflationary environment or a currency shock scenario. However, these ETFs also carry significant volatility and downside risks, so you should only invest what you can afford to lose and monitor the market conditions closely.