A strong GDP report helps Biden. It may complicate things for the Fed.
President Biden and other Democrats were largely exultant Thursday about a report showing the US economy grew at a faster-than-expected rate to end 2023.
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President Biden and other Democrats were largely exultant Thursday about a report showing the US economy grew at a faster-than-expected rate to end 2023.
Today, GDP results showed the U.S. Economy grew at a rate of 3.3% in the fourth quarter.
With the S&P 500 touching its all-time highs, it feels as if investors aren't prepared for disappointment, let alone calamity.
With stocks at record highs, a slew of corporate earnings and a fresh reading on inflation will challenge the market rally.
With stocks at record highs, a slew of corporate earnings and a fresh reading on inflation will challenge the market rally.