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Stocks Slip in Shortened Week

FS Insight Team

“Spring is sooner recognized by plants than by men.” ∼ Chinese Proverb

Good evening:

Head of Research Tom Lee believes that global central banks, led by the Federal Reserve, might soon halt interest-rate hikes, setting the stage for rate cuts by the end of the year. You can see it in inflation, which remains stubborn, but has been falling, especially in the leading indicators we track. You see it in the jobs data, which shows signs of cooling recently. And you see it after the banki...

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