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| Bill Cara's Week in Review #34, 2011 Posted: 21 Aug 2011 11:50 AM PDT [3:30pm ET Sunday] I continue to believe that the econ data is not as bad as claimed by many market participants or as written up in the media. I also reject the notion that there is a high correlation between econ data and equity prices, at least in the short run. For example, the German economy is relatively strong and yet the DAX index was down an astounding -8.63% this week and -20.7% over the past year. |
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