Director Of The National Economic Council Of The U.S. Brainard Says Reason To Believe Can Get Near-2% Pre Election
Portfolio Pulse from Happy Mohamed
The Director of the National Economic Council of the U.S., Brainard, has expressed optimism that the country can achieve near-2% economic growth before the upcoming elections.
June 29, 2023 | 1:46 pm
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The statement by Brainard may influence investor sentiment and could potentially impact the SPY ETF, which tracks the S&P 500 index.
The SPY ETF, which tracks the S&P 500 index, is often influenced by overall economic sentiment. Brainard's optimistic outlook on the U.S. economy could therefore lead to increased investor confidence and a potential rise in the ETF's value.
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