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Active Trader Market Update (3/15)
Fundamental Themes Once again Run Deeper than Scheduled Event Risk
Despite a few clues to suggest the markets were making a move to revive risk trends at the end of last week, underlying investor sentiment was little changed at the beginning of this new trading week. Concern over sovereign credit ratings has taken on a leveraged importance as financial uncertainty meets fiscal superfluity. Will the threat of a new financial crisis or rating downgrade guide capital to safe havens like the dollar; or will these concerns fade into the background and open the doors to interest rate speculation?
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