On June 28, 2013 / Alexander Friedman, Australia Economy, Australian Stocks, Bond Market, Brazil Economy, Brazil Stocks, China Economy, Cyclical Stocks, Dividend Stocks, Emerging Market Economies, Emerging Markets Stocks, Europe Economy, Europe Stocks, Financials, France Economy, Germany Economy, Global Economy, Gold, Homebuilding, India Economy, Insurance, Investment Money Flows, South Africa Economy, Spain Economy, US Dollar, US Economy, US Real Estate, US Stocks
Salient to Investors: Alexander Friedman at UBS says: What Fed has done is not unexpected and the market reacted because it was ahead of itself. All the Fed was saying was that the US is doing OK, that the data is trending as it should, and that it has confidence
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