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Fed keeps the party going by holding interest rates steady
Stocks, bonds and gold seem to love this Many stock sectors hit all-time highs (QQQ, XLK, SMH) While others held support and bounced (XLI, XLU, IYR, IYZ) Leadership from the technology sector and semiconductors shows good appetite for risk Junk bonds near all-time highs - this bodes well for stocks Investment-grade bonds also bounce – new highs soon? The Dollar index losses for the week USDJPY at support again Gold gains as a result of dollar dropping Oil goes nowhere, NATGAS and Sugar break out to 52-week highs Watch this video on YouTube |
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