Investors beware. It's the market relationship with data that may pivot when the Fed pauses, says Citi

Investors beware. It's the market relationship with data that may pivot when the Fed pauses, says Citi

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Stocks on Friday looked ready to retreat a smidgeon as Wall Street closes out the week. That’s OK, the S&P 500 SPX, is already up 5.75% in 2023, helped by the belief that slowing economy and softening inflation will allow the Federal Reserve to be less aggressive in raising borrowing costs. This…

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