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Weekly Market Commentary – 9 December 2022

Alex Stojkovic

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Investments

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December 12, 2022

This week we saw markets react to strong jobs data in the US. The US Fed has been clear that employment and wages are among the indicators it is watching closely. Despite decent employment numbers for November, several big Wall Street banks have issued gloomy forecasts for US equities as they warn about the impact of recession in 2023.

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