The Fed Pivot is Here
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Third-quarter economic growth was revised down to 4.9% from an earlier reading of 5.2%.
"This cycle is decidedly different than any we have experienced for the last several decades, due to the overhang of high inflation."
As sentiment for SOFI stock has quickly shifted back to bullish, let's see whether momentum can stay on its side in 2024.
The admissions from these usually gloomy forecasters mark a turning point after they advised clients to stay cautious on US stocks this year — even as the market surged toward double-digit gains that have left major indexes at or near record highs.