Tuesday, May 1, 2009

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weekly economic
commentary 10/27/14

Well, the sky didn’t fall and the markets breathed a sigh of relief. That’s about as good an explanation for this week’s astonishing rebound in stock prices we can think of. Indeed, a slim batch of figures out of Europe and China actually showed more strength than expected, suggesting that the global slowdown which so spooked investors over the previous two weeks may not be as harsh as thought.  

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