FastSaying

All those who had risen on Internet prospects are now falling with the technology collapse in the states.

Carlos Hokama

CollapseFallingInternetProspectsRisenStatesTechnology

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The rate cut was positive, but maybe a little conservative, so the market took some profits after initial gains.
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Emerging market stocks were hit hard today, along with their bonds. Lingering fears over higher U.S. interest rates triggered profit-taking again, one day after we saw some good rallies.
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