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U.S. stock-market volatility is up this year amid signs of a softening economy, but that doesn’t necessarily spell recession or the end of American exceptionalism.
“We continue to bet on the resilience of the American economy,” Yardeni Research said in a note Monday. “We expect that pro-business policies, as they emerge, will boost longer-term confidence, allaying short-term uncertainties related to Trump 2.0.”
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Christine Idzelis is a markets reporter at MarketWatch and is based in New York.
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