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Good News is Bad News Again in Markets

March 10, 2023

By James Carey, Director, Investment and Portfolio Management Services

In January 2023, the United States added an astounding 517,000 jobs, and the unemployment rate fell to 3.4% — the lowest level since 1969, before the first moon landing. Measures such as GDP growth, retail sales and the ISM services survey all currently point toward healthy consumer spending and a growing economy. While low unemployment, … Continued

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