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On the SPOT™ blog (06/06/2023) [K..]

Writer: Salyl BhagwatSalyl Bhagwat

Market are relatively calm this morning (PST). Dow appears to be fluctuating near the flat line, S&P and Nasdaq seem to be in mild green. World Bank report suggested that world economy is precarious and is attributed to sharp rise in interest rates. Some Federal Reserve officials commented that they don't see rate cuts until 2024. Focus seems to have shifted to next week's FOMC meeting and inflation data.

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