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SOTS 2nd Hour: PCE Breakdown, Retail's "Big 5", and an Exclusive w/the CEO of American Express 11/27/24

Squawk on the Street

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Economic Indicators and Market Dynamics

This chapter explores recent economic indicators, including unexpected gains in pending home sales and the implications of rising mortgage rates. It highlights the interplay between consumer spending, inflation rates, and the Federal Reserve's potential responses to changing economic conditions. Additionally, the discussion examines retail trends, market dynamics, and the impact of upcoming government policies on the overall economic landscape.

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