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Everything continues to convulse in capital markets, including currencies, stocks, interest rates, and virtually all commodities. This continued volatility is still a settling of accounts for the major institutions that had spent their time speculating in all these sectors and are now having to readjust their portfolios. More…
What we need now is a period of stabilization and consolidation in capital markets, so we can reflect on what's happening in the economy. We also need third-quarter earnings season, so we can get the latest view from corporations. Some companies have already reported their third-quarter earnings and…