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The New Bull Market Is Over. The summer rally in the stock market has ended, with the S&P 500 closing lower than it was on June 1. The rally was driven by easing financial conditions, but now with the Fed committed to keeping rates restrictive, a return to summer highs seems unlikely in 2023. The tightening of financial conditions and higher rates could lead to a contraction in the S&P 500 P/E ratio, wiping out summer gains and pulling the S&P 500 below 4,000. #stocks #stockmarket #invest #investments #stockstobuy #federalreserve
Timestamps:
The 60-40 Not Cutting It Anymore 1:45
What Does the Money Mirror Method Say? 05:00
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