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Hot Takes

    6/17/25 9:03am - Last month's big drop in retail spending should not worry Wall Street too much since most of that was due to a decline in big-ticket purchases that are being deferred until the rest of the economy is on firmer footing.

    6/13/25 12:36pm - Isreal's attack of Iran adds one more layer of complexity to the global financial markets and all but assures that the Fed will wait until later in the year before cutting interest rates.

    6/11/25 10:56am - Although President Trump will vehemently argue that the CPI numbers for May are grounds for an immediate rate cut, Fed Chair Jerome Powell will wait until seeing the PCE numbers later this month before considering a change in his position.

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