Wall Street Breakfast

Retail sales bolster the case for no recession

Oct 17, 2024
Consumer spending remains strong, reinforcing optimism in the economy and influencing monetary policy decisions. Taiwan Semi boosts confidence in AI chip demand, stirring excitement in tech markets. Meanwhile, Meta faces issues with employee misconduct over meal vouchers, prompting corporate scrutiny. Investors are encouraged to consider small- and mid-cap stocks as valuations look promising, with a strategic focus on potential growth.
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