Closing Bell Overtime: Big Win for the Bulls? 2/3/23
Closing Bell
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Did We Justify the Rally This Week?
It's still too close of a call on whether the economy is actually going to dip into a recession or not. The Fed needs to be a little bit more cautious, right? They've hiked a lot of rates over the course of 2022. Small and medium-sized businesses continue to clamor for work while larger companies are laying off workers. So this is a very, very tricky economy that the Fed is trying to navigate.
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