Weekly Market Recap – July 15, 2024

The Misery Index, a gauge of economic health calculated by summing the year-over-year CPI inflation rate and the unemployment rate, fell to 7.1% in June. By this measure, the economy today is stronger than it has been 70% of the time
since 1948. Despite this, consumer sentiment remains notably glum.

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July 15, 2024

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