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By Joyce Hanson, AdvisorOne |
September 23, 2011
In a critique of the Fed's Operation Twist announcement, JPMorgan market strategist David Kelly said it was a failure because the markets have reached the point where they must self-correct.
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By Joyce Hanson, AdvisorOne |
August 9, 2011
The United States’ reputation for backing its debt with a “full faith and credit” guarantee was tarnished by the S&P downgrade, but a beneficiary of the negative market sentiment was the very same asset class that caused the selloff in the first place: U.S. Treasuries.