) are bouncing back toward their all-time highs in recent trading days, although taking a small breather on Tuesday. Investors are patiently awaiting commentary from Federal Reserve Chair Jerome Powell's speech later this week before making more market movements. Could there be a rally or will stocks fall from their recent heights?
out the recent growth of the economy:"We've grown the equivalent of the GDP of France since the pandemic in the last four years and that's the seventh largest economy in the world. So when you think of that, and corporate profits are at an all-time high. So the market makes sense for it to be at an all-time high. When you see more people working, making more money, what do Americans do when they have money? They spend it. That's stimulative to the economy.
You get a growth scare, we're gonna get a revision to the, the jobs number, which will probably recognize that some of the panic was, you know, we had bad weather.I think we're gonna recognize that this was, this blip was a, a little bit of panic and now we're kind of moving on to understanding the broadening out of the earnings growth of our economy and that's gonna propel us forward through the rest of the year.
No, I mean, for, for us, I mean, we look at it that more people are working, making more money today in this country than ever before.So, and that's the seventh largest economy in the world.So the market makes sense for it to be at an all time high.It's like driving a car at 90 miles an hour and you slow down to 50.
And then we're gonna be very data dependent and probably not necessarily for 10, uh, a December cut or anything thereafter.But I do think we see a cut in September because it's time for us to begin to directionally signal what's going to go on.Preventive boil-water advisory in effect as of August 20, 2024 for the entire Montréal-Nord borough
The 2025 Oscars are looking for a host. John Mulaney, Steve Martin and Jimmy Kimmel aren't interested.Nearly 50,000 people in New Jersey will have $100 million in medical debt erased, Governor Phil Murphy said on Tuesday, in one of the largest cases of a state providing direct relief to people unable to pay medical bills.
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