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The Latest Breaking News from Gregory Daco

America's economy is splitting consumers into two very different realities

Gregory Daco, chief economist at EY Parthenon, expects to see a “K-shaped consumer spending pattern” in 2023, where working class families slow their spending, while wealthy families continue to splurge.

These are some of the strategies Chipotle, Disney, and P&G are using to retain pricing power

These are some of the strategies Chipotle, Disney, and P&G are using to retain pricing power

There's no one formula for every company.

2 Stocks You Can Buy Now and Hold for the Next 20 Years

2 Stocks You Can Buy Now and Hold for the Next 20 Years

The stock market has been under pressure this year amid consecutive rate hikes and recession fears. Moreover, as the market could remain volatile in the short term, investors should focus on their long-term strategies and invest in fundamentally strong stocks, Johnson & Johnson (JNJ) and Molina Healthcare (MOH), which look…

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The Fed’s favorite inflation gauge just came in lower than expected—here's what that could mean for your stock portfolio

Is a ‘goldilocks’ inflation report enough to end the bear market? Experts weigh in.

How strong is the US economy? Depends on which party you ask

Analysis: In spite of high employment and robust hiring, many Americans are pessimistic about the economy

The Guardian - US

GDP likely to show ‘misleading’ US weakness as Fed plots path

The U.S. economy’s latest report card — featuring fresh readouts on growth, inflation, spending and wages in the first three months of the year — is set to include a mix of good and bad marks.

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