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17Oct2016 Market Close: US Markets Turn Down As The Oils And Dollar Slip, Gold Having A Difficult Time Climbing Higher
Monday, October 17, 2016 13:55
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Written by Gary
Wall Street closed fractionally lower (SPY -0.3%), as did Crude prices and the US dollar. A warning the U.S. economy may face longer and deeper recessions in the future if interest rates remain stuck at current low levels, said Fed Vice Chair Stanley Fischer. Indicators are fractionally bearish.
Source: http://econintersect.com/pages/market/market.php?post=201610171514
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