Published October 4, 2024
Below we have a good overview from JP Morgan of the broad state of the U.S. economy and market action in the just-completed quarter.
“The U.S. economy appears to have maintained a solid growth pace over the summer, fueled by resilient consumer spending. At the same time, inflation continued on a path back toward the Federal Reserve’s 2% target, while a rising unemployment rate sparked fears the labor market is cooling too quickly. (more…)