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Surveillance: Hike Probability with Dutta

Bloomberg Surveillance

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How Bullish Can You Get With a Momentum Trade?

The consumer still remains resilient. Labor markets are supporting that. But that general slowing tells us things are cooling a bit. If the Fed is able to give us that Goldilocks, almost that Powell put in terms of not just equities, but really economic consumer spending, then that's a kind of a happy scenario for a lot of people.

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