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Market Commentary - Page 5

For months, the Federal Reserve has been waiting for a sign that it’s safe to start scaling back its monetary support of the U.S. economy. We think that signal may have come with this week’s release of better-than-expected economic numbers.

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Next week marks the start of holiday shopping, and the outlook points toward one of the most competitive seasons for retailers in recent years.

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The likely next head of the Federal Reserve said what she was expected to say this week, and the markets responded with record-setting enthusiasm.

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This week's economic releases, although providing plenty of upside surprises, continue to support our slow-growth thesis.

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One of the most important investment decisions that USAA members will face in the years ahead is the allocation they make between stocks and bonds in their portfolios.

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