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One News Page » Category » Markets » Saturday, 7 November 2009 » Low Demand for Equities Indicative of Top

Low Demand for Equities Indicative of Top

Reported by FXstreet.com
on Saturday, 7 November 2009
(2 weeks ago)

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U.S.
equity markets traded sideway-to-better after the government released a weaker than expected jobs report.� The unemployment rate hit also hit a 26-year high at 10.2%.
The bears see this report as a sign the economy is worsening.� The bulls read it as a chance to continue to demand higher risk because it reduces the likelihood of a Fed rate hike until mid-2010.� This means that liquidity will be readily available for at least the next six months.� While this may be

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