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On the SPOT™ blog (08/29/2023) [S..]

Economic data this morning looks interesting. Number job openings seems to have declined in July. Conference Board's consumer confidence index showed a lower than estimated reading for August. Treasury yields continued to fall. This is obviously liked by the markets as it suggests "controlled slowing" of the economy (still early to draw any conclusions) that is required to tame the inflation. All three major US indices are in the green this morning (PST).

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