Weekly Rewind: Signs of a Nascent Recovery?
Jeff Pietsch submits:(Glossary)
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Markets largely recovered from a near 700-point Dow (DIA) downdraft last Monday, posting a mere -1.9% decline for the week. However, considering the period's dour economic news - starting with an official NBER recession call and culminating in the worst jobs report since 1974 - the move almost feels outright positive. (USA Today - NBER Statement; AFP - US Sheds Jobs)
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