"Looking ahead, there is reason to think

"Looking ahead, there is reason to think that the present favorable trends will continue," Blackstone's Byron Wien writes. "Initial unemployment claims have been generally declining and the unemployment rate continues to move lower. Consumer confidence is rising and retailers are hiring aggressively in anticipation of a strong Christmas selling season, fueled partly by lower gasoline prices. The level of inflation remains low, which should help consumer spending."Join the conversation about this story
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