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D&D Note (8-7-2012) ~ Major Rotation Into Cyclicals Fuels Rally

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D&D Note (8-7-2012) ~ Major Rotation Into Cyclicals Fuels Rally

D&D Note (8-7-2012) The stock market rally continued today after stronger jobs number on Friday and hopes that the ECB will buy Spanish and Italian government debt. Boston FED President Eric Rosengren called for “more substantive action than we’ve taken to date.” Meaning a more open-ended monetary policy of bond purchasing – or commonly known … Continue reading