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Market Resilience and IPO Insights
This chapter explores the FOMC's recent decision to maintain interest rates amidst a backdrop of moderated inflation and a strengthening economy, leading to a positive market response. It highlights the S&P 500's recent performance, underscoring the impact of a select few companies on market returns while considering the promising outlook for smaller firms. The chapter also examines the state of the IPO market, featuring Kava's successful debut, alongside insights into notable corporate earnings and strategic acquisitions, particularly in the tech and retail sectors.