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This is not a recession-based situation. The economy is on fire as measured by the earnings of the S&P. No one saw this coming but Trump is the first AI president, he's getting the benefit of margin enhancement and productivity enhancement across all 11 sectors as all of these companies in the S&P 500 adopt AI. You would think at this point with two wars, tariffs in the US, instability of inflation, and bond prices going up, that the market would sell off, but it's not because it sees around the
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The Federal Reserve on Wednesday will issue a decision on the level of interest rates as the United States weathers a months-long bout of elevated inflation set off by the Iran war while gas and diesel prices continue to rise. ABC News' Rebecca Jarvis reports. #trump #iran #economy #news #abcnews
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