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The 1340 level on the S&P, a possible move higher for the dollar relative to foreign currencies, and a key oversold indicator all should be on your radar.
The market’s resilience in 2023 was a testament to the economy’s ability to weather the impacts from higher interest rates better than expected. Despite softening economic data and shrinking inflation, investors are optimistic about the future, but they may be underestimating the risks to the economy.