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Expectations Versus Reality – Why 2023’s Pessimism Sets Up 2024’s Bullishness

The new year may be off and running, but we are still getting a wealth of economic data from 2023. In addition to being a reminder that all such data are backward-looking, the latest snippets give us a handy look at how stocks’ economic fundamentals closed out the year and where sentiment is for early-2024. …

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