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Economic data and dovish Fed support positive outlook, Stephanie Link notes

Economic data and dovish Fed support positive outlook, Stephanie Link notes
Markets set for year-end seasonal strength

Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights encouraging economic data this week, including PMIs and metrics like Core PCE and Average Hourly Earnings, with improvements in inflation and jobs data.

She notes that these factors position markets well for year-end performance, aligning with typical seasonal strength.

Link has previously noted continued strong data center investment from Microsoft and other companies, with positive effects for related sectors and U.S. GDP in recent commentary. She also highlighted Micron Technology's substantial revenue and earnings growth across major end markets in an earlier report. These sector-specific updates have accompanied her broader outlook on economic and market conditions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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