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By Lewis Krauskopf (Reuters) – Investors who have endured a four-month selloff in shares of large U.S. manufacturers will be looking for solid revenue growth and order trends in third-quarter earnings reports starting on Friday to help allay fears that a soft global economy will derail the outlook … Read entire story.
A few readers have asked what I think about the recent announcement that Vanguard will be increasing the international allocation in the Target Retirement and LifeStrategy funds. (In case you missed the announcement: The international equity allocation will increase from 30{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} to 40{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, and the international bond allocation will increase …
In the past two weeks, stocks have struggled to break through resistance and extend the holiday rally. I wrote about it in the post Stock Indexes Rejected At Resistance Signal Another Correction. But what is a more bearish sign is seeing commodity prices starting to fall. There are a couple of reasons this is a […]
Read entire story. Source: DailyFX – Technical Analysis