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NOV 03, 2013 - Zero Hedge

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Three Dimensions of the Investment Climate

There are three dimensions to the broader investment climate:  the trajectory of Fed tapering, the ECB's response to the draining of excess liquidity and threat of deflation, and Chinese reforms to be unveiled at the Third Plenary session of the Central Committee of the Communist Party.     There has been increased speculation that the Federal Reserve can begin tapering in December.  The FOMC statement dropped the reference to tighter financial conditions and the manufacturing ISM was stronger than expected, as was September industrial production.     For the ... Read More

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