KrunchieKilleen
Short

DOW SPIKES, BUT TREND CONTINUES DOWNWARD

INDEX:DOWI   DOW Industrials
67 0 2
The markets responded positively to yesterday's long-expected quarter per cent rate hike. However, the downtrend that started last May continues, as money gradually shifts away from Equities to interest-bearing securities. The dollar, already too strong, is boosted, to the detriment of American exporters.
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