Jeffrey Buchbinder, Equity Strategist, LPL Financial Callie Cox, Senior Analyst, LPL Financial
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Consumer spending has powered the U.S. economy this year as businesses curb investments, waiting for trade and geopolitical uncertainty to fade. We expect that growth will likely slow next year as companies continue to sit out this part of the cycle; however, we expect a strong U.S. labor market and solid consumer spending to fend off a recessionary environment.
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