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12Oct2016 Market Close: Wall Street Closed Flat, Crude Prices Fall Back To The $50 Handle, US Dollar Touched 98 And Analysts Are Very Worried Of A Black Swan Jumping Into The Financial Waters

Wednesday, October 12, 2016 13:41
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Written by Gary

Stocks hold fractional gains (SPU + 0.1%) after Fed minutes show Hawks worry that delay in rate hike could cause recession and Fed Minutes show split on rate hike in September meeting. The Doves on the other hand are concerned that holding off could send the economy into recession. Indicators are neutral with a slight bearish tilt.

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