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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (2447)	7/24/2013 10:29:31 AM
From: richardred	Read Replies (2) of 8247

>At the moment, it looks like it's ready to blast back upwards.... Not to be negative but I was hoping we'd get the start of a breather soon. Maybe in a few days? A lot of the multinationals RE: Cat need a good global economy. I think Europe still is hurting and China is still a big question mark. Since healthcare policy is delayed another year. US Business are sill deferring making some long term planing decisions. A year from now is still a guess. To me, business deferment would only hurt future job growth. I've not seen the executive branch of the Government taking credit for a record stock market. Presidents as far as I can remember don't like taking credit for a good market. If they did, IMO that could be a trigger for a decline. OTOH- I think fat 401-k's and IRA's build consumer confidence.

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