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    Andrew Kelly - Reuters / stock.adobe.com
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    Daily Markets: Stocks Swayed by Inflation Data, Red Sea Shipping Woes

    Since the Fed’s dovish tilt, the stock market has powered higher amid expectations for multiple rate cuts in 2024 with some having more aggressive expectations than others. This week, Fed officials tried to walk back the more aggressive rate cut forecasts.


     

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    Ed Yardeni Eyes S&P 500 at 6,000 for 2025
    Ed Yardeni, president at Yardeni Research, sees rolling recoveries in numerous markets over the next two years as he explains the factors behind his target of 6,000 for the S&P 500 in 2025.
    Dec 22, 2023

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