This week was a mixed bag in terms of market and economic news. On the economic front, things continue to be positive. At almost 5 percent, growth last quarter was well above expectations, and personal spending increased for the sixth month in a row. Turning to the markets, however, it was a different story. Markets pulled back again, with the S&P 500 looking like it will slide into a correction, down more than 10 percent from the most recent peak in August.
What’s going on here, and what does this mean for the road ahead?
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