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February 4, 2012 11:20 PM EST
Tepid vs. D-Dip

Investors pushed the market higher late Wednesday after the FOMC statement called the recovery tepid, but stayed with the rhetoric that it would not produce a double-dip recession. However, the overnight press was far more critical, making it seem as though a double-dip recession was upon us. On Tuesday and Wednesday, the bears had plenty of ammunition to make a case for a failing economy. It did gain a bit of traction in yesterday’s trading. ... full story >>


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