Market Commentary: Stocks and the Economy Show Continued Strength
Carson Wealth
JULY 31, 2023
After a large reversal Thursday, stocks bounced back Friday, bolstered by the continued impressive performance of the economy (further details below). Economic growth accelerated over the past year, defying tight policy and expectations. However, the last time this happened was in 2021, and that was followed by a drop of nearly 12%.
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