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September 2009
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Stock Market confusion

This is the second day in a row that the stock market has opened in confusion. The dollar is weakening leading to support for the commodity prices and stocks heavily priced by commodity value. At the same time however the equity markets are lower and the DJI opened down 20 basis points. The bond market is trading slightly down signifying a small flight to safer assets. The Job number came in worst than expected but the number is continuing to show improvements. […]