Diverging Paths of Stocks and Data Vex Investors

Stocks are a few percentage points away from records. Data are pointing to a slowdown in the U.S. economy.

The dueling narratives are challenging investors, who say they are finding it increasingly difficult to reconcile the sustained rise in share prices with widening cracks in the U.S. economy. Many are also worried that the back-and-forth between President Trump and China, as well as the Federal Reserve, is heightening the pressure on an economy that they fear is starting to falter.


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