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When Two Popular Recession Indicators Failed
Monday, March 25, 2024 - 10:45am | 1464Read More...Stocks made new record highs, with the S&P 500 setting an intraday high of 5,261.10 and a closing high of 5,241.53 on Thursday. For the week, the S&P increased 2.3% to close at 5,234.18. The index is now up 9.7% year to date and up 46.3% from its October 12, 2022 closing low of 3,577.03....
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Economic Numbers Better Than Expected
Thursday, July 21, 2011 - 10:03am | 61Read More...Two economic reports were just released and both were better than expected, helping to relieve fears that the economy is going into a double-dip recession. July Philadelphia Fed came in at 3.2, versus a reading of 2.0. June's Philly Fed was unrevised at -7.7. Leading Economic Indicators was also...
