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News & Ideas


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Index
Federal Reserve Projects Strong Growth
The Best People Were Wrong 
This Week’s Investment News In Six Charts
U.S. Investor Picture Of The Week
The Conference Board Backs Off Its Recession Forecast
Softening Economic Data, Inflation Fears Dampen Stock Rally
S&P 500 Closes Above 5000 For The First Time Ever
Why America Is The World’s Economic Leader
Investment News For The Week Ended Friday, January 26
Why Stocks Broke The All-Time Record High
A Strategic Update, With Stocks Near All-Time High And Crises Unfolding
2024 Begins With Positive Economic News
How 2023 Will Be Remembered In Financial History
A Good Week For The Economy And Investors 
Earnings Estimates Imply A Bullish Path For Stocks
New Jobs Data Bolsters Hopes For 2024 Economy
 

What A Difference A Week Makes

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Back from the brink of a bear market, the stock market snapped its seven-week losing streak.

The Standard & Poor’s 500 index of blue-chip publicly-held U.S. companies gained +6.37% this past week.

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Just a week ago, the S&P 500 was down -19% and in the throes of the worst losing streak since 2001.

However, according to consensus forecasts of economists, the U.S. is expected to grow by more than +2% in 2022.

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Newly released data on the Federal Reserve’s preferred indicator of inflation, the personal consumption expenditure deflator, indicated inflation eased. In April. Though inflation remains near a 40-year high, strong earnings reports, along with the slowing of inflation, propelled the Standard & Poor’s 500 stock index to close at 4,158.24. The index gained +2.47% from Thursday. The S&P 500 index is up +60.06% from the March 23, 2020, bear market low and down -14.25% from the January 3rd all-time high.

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The material represents an assessment of financial, economic and tax law at a specific point in time and is not intended to be a forecast of future events or a guarantee of future results. Forward-looking statements are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied. Information is based on data gathered from what we believe are reliable sources. It is not guaranteed as to accuracy, does not purport to be complete, and is not intended to be used as a primary basis for investment decisions.
This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.


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This article was written by a professional financial journalist for LifePlan and is not intended as legal or investment advice.

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