Goolsbee Says So Far The Slowdown Is What You Would Want, Toward A More Balanced Growth And Sustainable Level
Portfolio Pulse from Benzinga Newsdesk
Goolsbee has stated that the current economic slowdown is desirable, as it is leading towards more balanced growth and a sustainable level.
November 07, 2023 | 1:09 pm
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NEUTRAL IMPACT
The economic slowdown, seen as a positive move towards balanced growth and sustainability, may impact the SPY ETF.
The economic slowdown is seen as a positive move towards balanced growth and sustainability. This could have a neutral impact on the SPY ETF as it reflects the performance of the S&P 500, which is a broad representation of the US economy. The balanced growth could mean stability for the ETF, but the slowdown could also mean slower growth.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50