Licking their wounds after stiff losses, jittery investors will be looking for relief this week in the form of reassurance that the U.S. economy will keep growing at a moderate pace.
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Original post by Publicbroadcasting.net
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A WAVE of selling has again hit the local stock exchange after Wall Street ended sharply lower on Friday.
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Ouch. Last week’s carnage in financial markets provides a classic example of the expected happening at an unexpected time.
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Licking their wounds after stiff losses, jittery investors will be looking for relief this week in the form of reassurance that the US economy will keep growing at a moderate pace.
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Licking their wounds after stiff losses, jittery investors will be looking for relief this week in the form of reassurance that the U.S. economy will keep growing at a moderate pace.
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If last week was Wall Street’s big dive, this week will be where it tries to figure out how deep the water is.
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By Jody Osborne, Optionetics.com Published: March 4, 2007 1:00 PM EST Overall Market Volatility: The major market indices took a major hit this past week as a combination of things added up to selling.
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Licking their wounds after stiff losses, jittery investors will be looking for relief this week in the form of reassurance that the U.S. economy will keep growing at a moderate pace.
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Wall Street got a reality check this past week that U.S. investors remain vulnerable to global stock shocks.
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Treasury Secretary Henry Paulson says the economy is healthy, inflation seems under control and the U.S. should not perceive China as an economic enemy.
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