The "illusion" of a strong U.S. economy at the end of the year

Wallstreetcn
2024.12.20 07:16
portai
I'm PortAI, I can summarize articles.

The U.S. economy performed strongly at the end of the year, with data showing that the Federal Reserve holds an optimistic outlook for the future economy, raising inflation expectations, lowering unemployment rates, and increasing economic growth forecasts. The annualized GDP growth rate for the third quarter was 3.1%, exceeding expectations. Dollar assets generally strengthened, the dollar index reached a new high for the year, the U.S. Treasury yield curve steepened, and U.S. stocks hit new highs in December. Nevertheless, there are still questions in the market about the true state of the economy