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Economic data in the US continues to be strong. And yet the QE removal correction continues.
On Monday we find that Dallas Fed Mfg. rose to +6.5 from -10.5 last month. This is 3rd regional manufacturing report in a row showing surprising strength (Empire State and Philly Fed being the others).
Here again, most signs of the economy are looking up. However, investors feel a need to re-align themselves in a hurry to a post QE world. And because that picture is fuzzy, many are assuming the worst leading to an unnecessary decline in stock prices.
So it shouldn't be long until we find a new bottom between here and 1500 from which to start rising up again. And then we can celebrate good economic news with higher share prices... not the opposite as we see now.
With the stock market thrashed by headlines, smart investors are looking for guaranteed profits. And considering today's climate, income investing is your best bet for receiving
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Today, Zacks members are invited to download a revealing Kevin Matras Special Report for FREE. Our Zacks research expert strips away the mystery from three powerful, often misunderstood strategies that have been steady, conservative money makers in up-and-down markets like we're seeing now.
You probably never even heard of two of them. Don't miss Kevin's step-by-step explanation of how he personally made +98.7% in less than five months.
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