Strong consumer confidence and a better-than-expected GDP has investors pricing in further Fed rate hikes in 2023 which equates to higher borrowing costs and a delayed slowdown in demand.
In tonight’s video, we discuss the resilient economy freezing out the bulls while the bears thrive. Strong consumer confidence and a better-than-expected GDP has investors pricing in further Fed rate hikes in 2023 which equates to higher borrowing costs and a delayed slowdown in demand.
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