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Recent "bearish singing in turn" on Wall Street: If the US economy declines, US stocks may fall back.
Peter Berezin, Chief Global Strategist of BCA Research, has lowered the annual target for the S&P to 3750 points, believing that the softness in consumer demand caused by the slowdown in the labor market is the biggest bearish trend for US stocks.
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Fed's Preferred Measure of Underlying Inflation Slows
Tonight, we will focus on the PCE price index! The Federal Reserve's favorite inflation indicator may experience a milestone decline.
The Federal Reserve has been waiting for good news on inflation for a whole year.