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Good news for stocks erupted all over the place last week. We saw slowdowns in the Consumer Price Index (CPI) measure of retail inflation and the Producer Price Index (PPI) measure of wholesale inflation faced by manufacturers, we saw the (temporary) avoidance of a government shutdown, we saw continued mostly impressive earnings, particularly from Target (TGT) which soared 18% in a day and plummeting market interest rates. Everywhere you looked there were reasons to buy stocks.
Markets opened the week on Monday in a rather somber mood, following the previous Friday’s outlook downgrade for the…
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