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After navigating the turbulent aftermath of the pandemic, the U.S. economy appears to be settling into stability, as signs of inflation ease and interest rates hold firm. But what lies ahead for 2024? In this episode of WSJ’s Take on the Week podcast, J.P.Morgan Asset Management chief global strategist David Kelly shared insights on the forthcoming market and financial landscape. A notable takeaway: Potential upticks in small business bankruptcies could stem from delayed repercussions of pandemic-relief measures, intensifying the impact of sustained high interest rates and inflation from recent years.
By Rebecca Meiser
Contributor, Commerce + Communities Today and Small Business Center
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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