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Americans Keep Coming Back for More...an Unending Affair for the US Stock Market
JPMorgan strategists observed consistent increase in allocation of US households and nonprofit organizations to equities nearing 41% this year.
Tax Refunds are 13% Smaller Compared to This Time Last Year
Fewer people have filed their returns this year, the IRS reports. Also, Tax refunds remain markedly smaller than the same time a year ago.
Goldman Sachs Estimates Weight Loss Drug Could Accelerate Growth of US Economy
Increased utilization of GLP-1 weight loss medications could significantly accelerate the growth of the United States economy, Goldman Sachs projects.
Wave of Cash Seen Washing Into Credit as Investors Seek Duration
After more than $1 trillion flowed into money-market funds last year as short-term rates rose, investors are trying to figure out where it goes next.