May 1, 2024 - "The Fed Continues To Hold The Key"

Another week of digestion as earnings continue stronger. We ended last week with the worst possible combination (according to the media). Slower than expected/hoped-for GDP and higher than expected/feared inflation numbers.
In this week’s note, we go over these points and discuss what we see happening under the surface that should be paid attention to.
-Ken South, Newport Beach Financial Advisor
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