IIFT Daily Note with Peter Brown

Back to the US?

Posted by:  |  Time: 6:48 am  |  Topic:
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Will focus switch to the US today and their budget difficulties. No progress on deficit reductions and the S&P is lower overnight.

New Spainish government, but little change expected. We rumble on. Pretty benign mood around this morning so we need some comments to spark the market into life. Sell on rallies.

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