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Green Light For Stock Markets In 2017

We believe the stock market correction is running its course. The seasonally weak month of September has only produced one significant down day. Our expectation was that the retracement would take stocks between 5% and 10% lower, as explained in ALL Markets Going Down Except The US Dollar. However, it seems that the stock market is quite resilient. Two weeks after that strong down days, we have not seen any meaningful sign of a continuation of that retracement.
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