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IS UNCLE BUCK BACK?

|Includes: AAPL, BAC, C, DBA, DBB, EEM, EFA, EPI, EWA, EWC, EWJ, EWY, EWZ, EZA, F, FAS, FXE, FXF, FXI, FXY, GLD, IEF, IWM, IYR, IYT, JJCTF, MOO, PFE, QQQ, RSP, RSX, SLV, SPDR S&P 500 Trust ETF (SPY), TIP, TLT, UUP, VTI, XLB, XLE, XLF, XLI, XLV, XLY, XME

 

The "change in season" described as the theme of yesterday's post continued Wednesday at a more modest pace. Even Bucky is rallying some as better economic data (ADP Employment Data) make it more attractive than even gold and other alternatives. Is this a temporary phenomenon? Perhaps since hopes for a cure to U.S. deficit issues remain a pipedream. But, clearly better economic data is taking hold which could lead to better tax receipts but also quickly raise interest rates--a killer for some commodity prices, particularly precious metals. If there is better growth, industry will need materials and commodities....READ MORE



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