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Wall Street Watch: Market optimism returns as the Fed embarks on a billion-dollar investment spree and Congress takes a pro-business turn. The economy improves, too, with positive reports on manufacturing, productivity, autos, and more. Life's good when the Fed's got your back—as does the Friday Funnies.
Despite a rise in company surveys, their levels still pose a growth challenge.
Personal spending on services—particularly health care—increased in the third quarter, the best such showing since 2006. If the spending continues, it's a positive for employment.
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