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>> JACK LEW Latest News

OCT 14, 2013 - Bespoke Investment Group

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Midcaps, Smallcaps Hit New All-Time Highs

The market began last week worrying that DC politicians would take us past the October 17th date that Treasury Secretary Jack Lew has designated as D-Day (debt-limit day).  Given that we're now a week closer and there's still no deal (talks once again broke down this weekend), the market opened pretty sharply lower today as well.  But the selling turned out to be short-lived, and by the end of the day, rumors that our beloved politicians were "meeting" sent the S&P 500 to just a percentage point from new all-time highs. Below is a snapshot of where the S&P 500 and its ten ... Read More

Tags: Midcaps, Smallcaps Hit New All-Time Highs,  Jack Lew Latest News