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Weekly Market Recap – August 21, 2023

chart_of_the_week 08-21-2023

Most forecasters entered this year expecting a recession, but recently, economic growth has actually reaccelerated.
In fact, the Atlanta Fed GDPNow model estimates that the U.S. economy will grow at a 5.8% saar this quarter.

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weekly_market_recap-08-21-2023