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Wednesday 25 September 2013

Stock Market Analysis

More Americans are losing faith in the economy's recovery
Only 27% expect the economy to be stronger next year (down from 39%), 44% unchanged & 28% weaker
They also continue to worry about tapering, the Fed's budget, debt ceiling & risk of government shutdown
Trading will be riskier as economic data was weak too
Stocks should drop today but might also rebound after dropping for 4 consecutive days & being oversold

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