Asian and Europe markets are both higher this morning and there is some spillover to the US which is up slightly after a nice gain yesterday. Positive signs from Ukraine and Greece negotiations are helping while German GDP growth beat analyst expectations with a .7% growth rate. Gold and oil are on the rebound while interest rates are rising ever so slightly. The yield on the US 10 Year Treasury is just above 2% this morning. Inflation continues its disappearing act. Both Export and Import prices showed declines for the second straight month. With inflation well in check it seems that the Federal Reserve Bank will be more likely to hold off interest rates increases. Solid, though unspectacular, profit reports and economic news and data provide evidence that this rally might continue.
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