Closing Bell Overtime: Big Win for the Bulls? 2/3/23
Closing Bell
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Economic Purgatory - What We Learned This Week
This market has been completely driven by the macro economic elements this week. The Fed's got this hot jobs report that's going to limit its ability to slow the pace of hikes. Meanwhile, the leading indicator suggesting recession is imminent is also going to be challenging them. So I think now the path to the soft landing scenario that markets are pricing in is becoming increasingly narrow by the day.
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