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Tired of riding the shock market... 12 simple words could get you ahead of the game.

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streetauthority.com

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editors@streetauthority.com

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Tue, Jul 9, 2024 11:30 AM

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Summer Cooling of Economy Boosts Investor Confidence Over the past year, millions of innocent people

Summer Cooling of Economy Boosts Investor Confidence [StreetAuthority]    [Tired of riding the shock market… 12 simple words could get you ahead of the game.]( Over the past year, millions of innocent people have had their retirements snatched right out of their hands. And, unfortunately, most of them may never make it all back with their current trading strategy. But that doesn’t have to be YOUR story… you could catch up… [and even get ahead… with just 12 simple words each week.](   Summer Cooling of Economy Boosts Investor Confidence By John Persinos  I had a wonderful Fourth of July holiday with my family, highlighted by building sandcastles on the beach with my eight-year-old twin grandsons. But now, like millions of Americans, I’m back at work. The U.S. economy seems to be settling into a more sedate groove as well. Recent reports suggest that the rapid economic recovery is slowing down and inflation is beginning to ease. This deceleration of the economy, with the concomitant cooling of inflation, is boosting investor confidence. As summer gets into full swing, signs suggest the stock market will continue its outperformance in the second half of 2024. Two critical sectors displaying signs of cooling are services and labor. The Institute of Supply Management (ISM) Services Index, [released July 3](, recorded a contraction in June with a 48.8 reading, signaling a decline in non-manufacturing activities. Meanwhile, nonfarm payrolls showed an increase of 206,000 jobs in June, down from 218,000 in May, which had itself been revised downwards by 54,000. The unemployment rate nudged up from 4% to 4.1%, surpassing the Federal Reserve’s 4% estimate for the year. The ISM’s prices paid indexes, which often forecast inflation trends for goods and services, were below expectations and near their lowest levels post-pandemic. Wage growth, another indicator of services inflation, dropped to 3.9% annually in June from 4.1% in May. If inflation continues to ease and the economy avoids a significant downturn, market performance should remain strong. This scenario would likely prompt the Fed to start cutting interest rates while the economy maintains growth near trend levels. The economy and labor market are adjusting from an unusually strong position, normalizing gradually. [Read More...](   [If you were born before 2005… you can’t be turned down from collecting up to $2,105 a month]( You probably don’t know it, but there is a unique “loophole” that allows you to collect up to $25,260 a year in “hidden income”. My research shows this opportunity is so obscure, less than 1/10 of 1% of Americans are currently taking advantage of it. Consider this your invitation to join them. The next round of payouts is just days away. [Here’s how to get in on the action.]( You are receiving this email at {EMAIL} as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms]( |  [Privacy]( |  [Unsubscribe]( ©2024 StreetAuthority 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.

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