bullish
Weekly Stock Bullfinder - Week of 8/8
SUMMARY
- Currently, there is a tug of war between economists and Wall St. banks debating about the Federal Reserve’s next interest rate move and how fast inflation will abate to allow the Federal Reserve to ease off its tightening cycle.
- The business news media seems almost obsessed with this debate and the latest datapoint to prove one side or another’s argument.
- The debate continues over the “R” word (recession) and whether the US economy is now in one.
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