Phoenix68
Well-Known Member
- Joined
- Mar 12, 2022
- Messages
- 9,173
.
Here’s How To Impress Relatives With Thoughts On The Economy This Christmas, According To Bank Of America
December 18, 2023
.
"The 2023 holiday season has been a far more festive one than 2022’s, when stock indexes closed out their worst year since 2008 as the market priced in the potential negative effects associated with the precipitous rise in interest rates. But, after the U.S. exhibited several months of stable unemployment, declining inflation and growing corporate profits, sentiments about the direction of the U.S. economy and equities turned merrier, capped by the Dow Jones Industrial Average hitting a record high last week as traders grew increasingly confident the Federal Reserve will soon cut interest rates, reducing borrowing costs for consumers, companies and governments and stimulating growth."Here’s How To Impress Relatives With Thoughts On The Economy This Christmas, According To Bank Of America
December 18, 2023
.