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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (05/26/2023) [C..]

This morning (PST) all three major US indices are in the green perhaps because reports suggested that debt ceiling deal is not done yet but is close to raise it for the next two years. Consumer sentiment index (from University of Michigan) also came out better than expected. Costco execs commented that they are seeing falling inflation in some areas. Generally positive note to end the week except for US-China trade tensions following ban on Micron chips in China.

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