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Thursday, June 01, 2006 8:39:18 PM
" 'Carrot and stick' deal agreed for Iran
Six world powers -- including all five permanent members of the U.N. Security Council -- Thursday agreed on a plan for resuming negotiations with Iran -- but only if Tehran agrees to suspend its manufacture of nuclear fuel."
So I'm thinking if Iran agrees to go into talks then people may be willing to take on a more bullish attitude toward riskier stocks due to a pyschological change. And Animal Spirts type of thing. Everyone seems to have been pretty down for the larger market for a couple of weeks now.
Anyway, just speculation on my part.
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