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Here’s what happened in the markets last week. The Core Personal Consumption Expenditures (PCE) for August fell below 4% for the first time in two years. Stocks initially responded positively to Friday’s report but retreated amidst looming threats of a US Government shutdown over the weekend. However, an impending shutdown was averted as the US House and Senate passed a spending bill just hours before the scheduled shutdown at 12:01 AM on Sunday. Stocks (S&P500) and bonds(US ...
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