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Slowing Growth vs. Rate Cut
Friday's job report provides additional confirming data that the US economy is slowing, primarily as a result of the tariff war. From the Wall Street Journal:
It will take some time, but there is no doubt this slowdown will have global impact, and is likely to bring about the end of the 10-year old bull market.
In the short term though, the promise of potential rate cuts by the Fed can provide tailwind for stocks for now.
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Surge1: support and resistance levels
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