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Sunday links: fast pivots

Abnormal Returns

wsj.com) Apple ($AAPL) is playing the long game in financial services. washingtonpost.com) Economy American consumer behavior is normalizing. tker.co) The mix of light vehicle sales keeps shifting toward pickups and SUVs. calculatedriskblog.com) The economic schedule for the coming week.

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Market Commentary: Another October Low Forming?

Carson Wealth

The economy has strong momentum, with growth accelerating since the first half of the year. Retail and food service sales have increased at an 8.6% Economic indicators across consumption, income, industry and the labor market don’t point to a recession. Through June 2023, the economy grew 2.4% in the third quarter.

Marketing 143
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Does the ISM Services Index Really Reflect the Real World?

Mish Talk

Please consider the November 2022 Services ISM ® Report On Business ® Economic activity in the services sector grew in November for the 30th month in a row — with the Services PMI ® registering 56.5 Huge PMI Divergences If you want to believe the economy is rip roaring, then you believe ISM. percent, 2.4

Economy 190
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Market Commentary: Reasons To Be Thankful

Carson Wealth

The economy remains strong, the consumer is healthy, the wall of worry is intact, and manufacturing is bottoming. The Consumer Is Strong We’ve been hearing for two years that the consumer was tapped out and the economy was headed for a recession. Stocks rallied again last week and are now up four weeks in a row. onshoring).

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Market Commentary: Stocks and Bonds Rally as Fed Recognizes Progress on Inflation

Carson Wealth

In their updated “ Summary of Economic Projections ,” they revised their estimates of core inflation for 2023 down from 3.7% Markets were off to the races after the Fed released its statement and economic projections. Lower interest rates can have significant positive effects on the economy, including on mortgage rates.

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Market Commentary: More Seasonal Choppiness

Carson Wealth

At the same time, we do not expect Fed members to even hint that they’re thinking about cutting rates any time soon, especially since the economy continues to show strength, as evidenced by relatively strong retail sales and industrial production data last week. This newsletter was written and produced by CWM, LLC.

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Market Commentary: Volatility Is the Toll We Pay

Carson Wealth

Credit markets continue to show very few signs of economic stress. Recent economic data from China show that the world’s second largest economy is in trouble. Much of China’s economic growth is driven by real estate investment, which has pulled back significantly. economy is likely to be minimal. In the U.S.,