WEEKLY VIEWPOINT

Market Inches Higher as Fears of a Double Dip Fade

The major market indices finished the week moderately higher. The markets have been in an upward trend since early July on fading fears of a double-dip recession. In addition, concerns over the fate of the euro zone continue to diminish following a series of favorable economic data points and better performance amongst the major European markets. The German DAX Index, for example, hit a new 52-week high on Thursday.

Posted 8/9/2010 - pdfDownload


by Mike Schwager

Managing Director
Chief Market Strategist

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