Markets continued their
disappointing performance that started mid-day yesterday. After a solid triple digit start there was a
big turnaround and even though indexes ended the session mixed, with the Dow
eking out a small gain, and with both the NASDAQ and S&P finishing down, it
felt much much worse. The Ukraine has
come back into focus in a negative way, and less than sterling economic news
from Western Europe has investors even further on the defensive. It looks like a forgettable day shaping
up. Oil and gold are up slightly and
interest rates are stable. The US dollar
is strengthening against most currencies in what seems like a flight from risk
to a safe haven.
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