Has the Fed Engineered a “Soft Landing”? And Carvana’s Movin’ on Up to the Tune of 750% This Year 7/12/23

The S&P and Nasdaq closed at their highest level in over a year and strength was felt everywhere from big tech to banks to energy. So has the Fed’s policy, amid slowing inflation, actually worked? Plus shares of Carvana have soared this year, but they’re still nearly 90% off their record. What’s next for the stock, and what are the debt markets telling us?

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