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Markets & Economy

Quarterly Market Update: Second Quarter 2013

So just when did Bernanke become somewhat of a market “nevagtive nelly?” After soaring to new highs seemingly daily, stocks made an abrupt turn late in the quarter on news that actually should have been perceived positively for the economy and markets. With the recovery in growth mode, Fed Chairman Bernanke began to imply that the Fed would consider tapering the bond buying program if economic data continues to improve. Read the Entire Second Quarter Update