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Opening Statement from August 2014 Intelligent Investor (Part 1)
Opening Statement from August 2014 Intelligent Investor (Part 1)
First published on August 4, 2014 for subscribers to the Intelligent Investor
As expected, the “Iraq trade” has faded for now. Meanwhile, recent upbeat economic data from the US and emerging market economies (China, Brazil and India) has done little to temper the retracement in the US stock market.