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The U.S. economy took a surprising jump in the fourth quarter of 2023, defying expectations of a slowdown. Consumer spending was strong, but the savings rate is low and credit card delinquencies are on the rise.
The U.S. economy continues to defy expectations, but also shows signs of cooling. Inflation’s descent slowed in December, suggesting a bumpy ride to the Fed’s 2% target.
The economy shows signs of cooling, but continues to defy expectations. Growth stocks continued to outpace value stocks.
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