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		<title>Weekly Review &#8211; Risky assets last week again marched higher</title>
		<link>http://www.stockbloghub.com/2009/08/09/weekly-review-risky-assets-last-week-again-marched-higher/12208</link>
		<comments>http://www.stockbloghub.com/2009/08/09/weekly-review-risky-assets-last-week-again-marched-higher/12208#comments</comments>
		<pubDate>Sun, 09 Aug 2009 19:35:02 +0000</pubDate>
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		<description><![CDATA[Risky assets last week again marched higher to the tune of economic data supporting the argument of a global economic recovery. A realization among investors that the economic transition from recession to recovery was gaining momentum resulted in many global stock markets and commodities scaling fresh peaks for the year. Source: Steve Breen The S&#38;P 500 Index closed the week above the psychological 1,000 level, marking its highest level since November and capping four consecutive weeks of gains. And more upside lies ahead, said Abby Joseph Cohen, Goldman Sachs’ market strategist, who expects the Index to reach the 1,100 point by year end. (Is this a contrary indicator coming from a permabull?) Many commodities such as crude oil, copper, aluminum, nickel, lead and zinc hit their highest levels of the ]]></description>
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