Weekly Market Insights – December 18, 2023
Cornerstone Financial Advisory
DECEMBER 18, 2023
A solid retail sales number, which reflected a strong consumer and supported the soft landing thesis, also boosted enthusiasm. Core inflation, which excludes energy and food prices, came in a bit hotter, rising 0.3% jump in food prices. Excluding energy and food, the monthly increase was also unchanged. from a year ago.
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