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Economic Analysis

Softening Ahoy: January 6, 2024

Good morning and welcome to the Weekender for Saturday, January 6, 2024. Happy New Year. As measured by the S&P 500, equity markets were lower by -1.5%. The fact that they ended lower is a notable reversal from the last ten weeks. Agita from the feeding frenzy of the last quarter of 2023 is a reasonable explanation for the drop.

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