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Closing Bell: As Good As It Gets? 6/2/23

Closing Bell

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The Market's Pre-Trading of 2024

We've started to notice on some of our indicators that the market clearly is starting to price in a recovery in 2024. If it gets far worse than that and bleeds deep into 2024, then I think you might need to see the market's re-price lower. We've been in those periods before where we can't get off of that late cycle vigil. This should be kind of the easy way for those divergences to take care of themselves as opposed to the hard way.

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