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Christopher Mariani, August 15 2022

Over 500,000 new jobs created in July... 

The economy is sending mixed messages with negative GDP and excellent job creation. This is a clear indicator of an economy struggling to achieve growth vs decline. Gas prices are coming down, and interest rates on 30 year fixed mortgages dropped below 5%. In addition, some companies have reported way better than expected profits in the 2nd quarter (i.e. Apple). I believe that these are clear indicators of American ingenuity where even during tough times, US companies find a way to beat expectations. I am optimistic that our economy will continue to recover and grow, and it's a good time to take advantage of agressive hiring by companies. 

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Christopher Mariani

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