Jun 17, 2023
Wall Street prepares for more gains this month after past week's breakout
Welcome back, animal spirits. The mood on Wall Street has brightened a lot of late, helped this week by the Fed holding the line on interest rates on Wednesday for the first time since March 2022. There also were some decent economic numbers, such as signs of declining inflation in May reported on Tuesday and Wednesday, and a decent retail sales report that came out Thursday. That led the S & P…
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