Investors are getting hyped up in the stock market, driven by factors like cheaper bonds and the possibility of decreased mortgage rates. On the contrary, a tale of two economies emerges, where sales hit new highs while many Americans struggle to make ends meet. The job market and potential job cuts will play a role in shaping consumer sentiment, although Wall Street seems unfazed by this. Moreover, market sentiment is being influenced by falling oil prices and the rise of artificial intelligence. However, there's concern that the Federal Reserve's policy stance may not match bond traders' expectations of decreasing inflation.

The Digest, 12/15/2023 @1200AM, CDT

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