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Forces of Movement
There are three broad forces of movement in the week ahead: the equity market performance, political developments, and economic data. It was a tumultuous week for equities, and there was not clear or obvious trigger. With US bond yields and equities trending higher this year, there does not seem to a reason why it ended last week. Similarly, the recovery before the weekend, which lifted the S&P 500 back above its 200-day moving average, did not appear to have a trigger. Instead of beginning a sustained correction in the stock market, last week may have been the climactic finish to a three-week slide that took the MSCI ... (full story)
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- Oct 14, 2018 12:42pm Oct 14, 2018 12:42pm
- Tony112
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