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The best news is that investors are less bullish

By Chris Bailey of Financial Orbit | Monday 9 February 2015


 


In the glow of the US jobs number on Friday (don't hold your breath for a quick interest rate rise in my view)...let's get back to some realities: the S&P 500 index is struggling to decisively break the 2,000 index point level. Looking longer term, I look back to 1500 for charting evidence that inflation – and thus rate rises – will come back before that long.


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