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Time to See the Shiny Side of Inflation

Thursday, March 9, 2023

Stocks went upward Thursday morning as investors seemed to take a rosy view to jobless claims rising 21,000 to 211,000 last week, marking the highest level so far in 2023. The weekly report from the Labor Department has traders' attention for clues that the economy may be slowing against the Federal Reserve's plan to keep hiking interest rates to try a tame inflation. We think this should have investors looking at specific sectors for safe haven.

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