'Extremely Solid' Gains for US Economy: Swonk

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The US economy experienced strong gains in existing home sales and retail sales in November, but employment growth was weaker due to companies absorbing the impact of tariffs.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The US saw a boost to existing homes sales and a pickup in retail sales in November. However, KPMG Chief Economist Diane Swonk says weaker employment growth can be traced to companies absorbing the impact of tariffs. She speaks with Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)

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Original article published by Bloomberg on January 14, 2026.
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