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Bell Curve Trading Chief Market Strategist: U.S. Economy on Path to Sustainable Growth

Bell Curve Trading Chief Market Strategist: U.S. Economy on Path to Sustainable Growth

2024/01/31 20:43

Bill Strazzullo, chief market strategist at Bell Curve Trading, said there are currently two paths for the U.S. economy - a weak economy that needs to be supported by low interest rates, and a steadily growing economy with a strong labour market that may only require three rate cuts.Strazzullo believes that the U.S. is on the second path, which is a much more sustainable one, with the The economy is in good shape, is expanding steadily, and the labour market remains strong and does not require a significant reduction in interest rates as many have previously argued.

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