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Economy to face slowdown in early 2024 so stay in defensive stocks, Wells Fargo s CIO says

Defensive stocks are one of the premier plays to ride out an expected economic downturn, according to Wells Fargo.

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Forbes Daily: Cruise Halts All Robotaxis To Rebuild Public Trust

Billionaire World Series team owners; "Magnificent Seven" stocks falter; Israeli founders use tech to coordinate relief; The economy s surprising resilience; and more

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Economy Expands At 2-Year Best 4 9% Pace—But Rapid Growth Unlikely To Last

It’s only “the beginning of the toll” of the Federal Reserve’s rate hiking campaign on the economy, Wells Fargo cautioned.

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US Fed will have to hold interest rates static to stabilise consumer prices

New York: The US Federal Reserve may have to hold back interest rate hike for some time now as its 19 months of historic hikes to tamp down on inflation

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US Fed Will Have To Hold Interest Rates Static To Stabilise Consumer Prices

US Fed Will Have To Hold Interest Rates Static To Stabilise Consumer Prices
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