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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% Through June 2023, the economy grew 2.4% Since then, the economy has accelerated. The September retail and food services sales data underlined the economy’s momentum.

Marketing 143
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Market Commentary: Stocks and the Economy Show Continued Strength

Carson Wealth

After a large reversal Thursday, stocks bounced back Friday, bolstered by the continued impressive performance of the economy (further details below). Instead of saying the economy grew at a “modest” pace, Fed members said it’s growing at a “moderate” pace. Moderate” is Fedspeak for a strong economy. The economy grew 2.4%

Economy 52
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Market Commentary: Markets React to Inflation

Carson Wealth

In fact, now is a good time to remind investors that having to endure volatility is the toll we pay to invest. Both headline and core inflation (excluding food and energy) came in above expectations. since last year, and core HICP (excluding food and energy) is up just 1.9%. Headline inflation is up 3.5% HICP is up 2.4%

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Market Commentary: Good News Is Good News

Carson Wealth

Strong economic growth and better data should be viewed positively, as it shows the economy isn’t falling into a recession. The economy ran above trend last year, despite high interest rates. The economy ran above trend last year, despite high interest rates. Economy: This Time Was Different, and That’s a Big Deal The U.S.

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Market Commentary: Dow Hits 40,000 As Inflation Numbers Improve

Carson Wealth

Our stance has long been that investing is not about timing the market, but time in the market. Instead, invest and use the long run to your advantage. It’s another reminder that when it comes to investing, patience is rewarded. Core CPI inflation, which excludes food and energy, was up 3.6% year over year in April.

Numbers 97
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Market Commentary: What a Month!

Carson Wealth

The economy overall remained firm and the consumer quite healthy all along, but the realization that inflation was no longer a headwind prompted stocks to rise. This was in sharp contrast to most other investment firms that predicted a recession and believed higher unemployment would be necessary to curb inflation. over the last six.

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Market Commentary: The Bullish Signals Are Stacking Up

Carson Wealth

Energy and food price inflation has pulled back significantly, which should be a tailwind for consumption. As the chart below shows, declining energy and food prices have pushed inflation down. The recent drop in natural gas prices has also sent services prices lower over the past couple of months. over the year.