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Wednesday, August 20, 2014
The Stock Market Isn't Buying The Fed's Rate Increase Nonsense. By Gregory Mannarino
Today Despite "Hawkish" Federal Reserve Minutes, The Stock Market Is Rising. Truth be told, as I am writing this Instablog the US equity markets are still open, but after an initial "dip" following the Fed. Minutes, the DOW is up 72 points right now. The Fed. Minutes told a story of a Fed. Which "may" increase rates sooner than later, but the market isn't buying it.
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