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October 30, 2013

Same Old Story

As expected, today's FOMC press release was redundant, and so markets can now get on with business. That business, it seems, involves selling just about everything save for the dollar. Stocks, gold, and even bonds sold off in the wake of the FOMC while the dollar pushed its new daily cycle to a Day 3 high. We will still need to see the dollar break its ...

 

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