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Re: tigertrader post# 4310

Monday, 10/26/2009 12:32:51 PM

Monday, October 26, 2009 12:32:51 PM

Post# of 12137
It really doesn't make much sense to me right now?? While the market is indicating future growth and keeps gaining??,the current state of the economy remains lagging, indicators are dismal, unemployment rates remain elevated and the dollar keeps dropping. Australia has actually raised rates and New Zealand is batting it around while the ECB, Bank of England and the Reserve must keep rates low to prevent currency distortions and prevent any early choke off of the recovery. It's hard to conlude anything other than the market is being inflated by excess liquidity and influences from the PPIP program.....but will burst??
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