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On the SPOT™ blog (07/18/2023) [B..]

Economic data this morning showed that retail sales grew less in June than estimates. Industrial production also seemed below estimates. Interesting parameters for FOMC meeting next week. Big banks earnings are showing strong performance. In general, the economy seems sound and many are betting for another quarter rate hike next week. Dow and S&P are in the green and Nasdaq in slight red this morning (PST).

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