Despite the surge in Treasury debt issuance and the subsequent drain of liquidity from financial markets, the U.S. stock market shows no signs of slowing down in its 2023 rally. According to FactSet data, the S&P 500 index has already gained approximately 19% year-to-date, while the Nasdaq Composite Index has skyrocketed by 37% and the Dow has seen a 6% increase. This … [Read more...] about The Resilience of the U.S. Stock Market in 2023
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