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| Bill Cara's Week in Review #21, 2011 Posted: 22 May 2011 11:24 AM PDT [2:42pm ET Sunday] US economic data definitely shows a weakening in demand and a slowdown in production. That goes along with a small lift in inflation. Nevertheless the QE2 will terminate in a month and traders are trying to figure where to place their bets. So far, the picture is still looking like it will be more defensive than offensive, and that is helping support the US Dollar. |
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