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What have we missed?

Stocks had a risk off day in the cold vacuum ahead of today’s Fed Chair comments at Jackson Hole. Peloton moves to the front of the peloton with big gains, proving that you can only move up from last place if you can stay alive long enough.
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Garbage in, garbage out – wrong numbers yield wrong answers

Stocks rose yesterday as investors called a September rate cut a done deal. The Bureau of Labor Statistics overestimated jobs growth by… a lot in the year ending in March.
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Bad news before good news

Stocks snapped an 8-day winning streak as bulls took a well-deserved day off to check their maps applications and figure out just where they were at, having travelled so far, so fast. Traders are just passing time searching for market triggers ahead of what could be the big one on Friday with...
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Healthy corporations make for a healthy economy!

Stocks closed out an eighth straight session deep in the green as investors raised their bets on a soft landing. Pressure mounts on Chair Powell as even the slightest hint of hawkishness in his Friday’s speech can have painful reverberations – that’s pain with a capital P.
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K, Kamala, that’s not very demure

Stocks rallied to cap off a week of bullish moves in equity indexed as fear becomes a thing of the near-past. Latest sentiment numbers show that Americans are, overall, more confident than expected, but mostly about the future.
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Consumption-sumption, that’s your function!

Stocks climbed for another session after a few positive economic releases eased fears of a hard landing. Consumers are becoming more price sensitive but that doesn’t mean they are spending less, according to yesterday’s retail data blitz.
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Are you better off than you were a few years ago? What’s NOT in your wallet?

Stocks traded higher yesterday after headline inflation came in lower than expected. Continuing disinflation clears the path for a September rate cut.
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