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Spot on....everything is based on cheaper interest rates for a long time, and then they rise.....and markets are told FED will continue, yet Debt is worse, what else would markets do? Which begs question, why? Nothing by accident, right?
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If you say so but the market is up 300 points today.
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This shift was caused by computers not by some made up emotional investor response. Micro trades. Stop making up stories that really do cause panic.
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I don’t think the msm going on endlessly on how the sky was falling helped much.
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Obama and Bush QE for past 10 yrs is the cause of the market flux. You can't keep printing money for 10 yrs and them when real growth happens, there not be a correction for failed economic policies. I would have thought a major NY newspaper would know that!
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