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DC Stumbles Hint That Markets’ Election Euphoria has run its Course

In the week just passed, the drama of economic data had its intermission with the data frontage subdued and most of that decidedly second tier in nature. The focus of the interest-rate community shifted to somewhat softer (though potentially far more critical) inputs on the political front and as a result found new impetus to sustain technical gains that were otherwise underway.
DC Stumbles Hint That Markets’ Election Euphoria has run its Course

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