Lates News
This week, the United States released new data on employment and inflation, giving investors a new (although imperfect) view of the US economy. After inflation data suggested a cooling of price increases, the stock market surged on Thursday. However, many Wall Street professionals pointed out that the delay in the release of these reports due to the government shutdown in the fall distorted the interpretation of the economy. Bill Northey, Chief Investment Officer at the Bank of America Wealth Management, said, "We need some reports to follow up on this data, either confirming trends or refuting them. Some traders may just be taking advantage of the last few weeks of this year to catch their breath. I think everyone is ready to tackle the tasks of 2025."
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