Dow touches new record, then struggles 8/26/24
Update: 2024-08-26
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The Dow briefly hit a new record high of 41,420 – it’s first record since July 17th. While the S&P 500 is close to reclaiming records, too.
What does that action tell us about what the market expects of Jerome Powell’s ability to engineer a “soft landing?” We’ll discuss.
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