Financial Markets

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US Equity Markets

April 29th, 2008 · No Comments · Markets

Another low volume, sideways day . .  waiting for the Federal Open Market Committee(FOMC) announcement tomorrow Wednesday, April 30.
With inflation clearly picking up, the Fed has to decide whether any more rate cuts are required at this point in time. As Bill Gross(PIMCO) has said, “any further cuts will do more damage than good”. In a [...]

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