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US stocks continue to trade mostly sideways since their correction in mid-August. The bears are beginning to become louder and increase in number as stocks continue to provide uncertainty and the idea that the six year old bull market is on its last legs. Part of the issue for US stocks is the fact that the Federal Reserve’s timid stance on a rate increase is giving traders little hope and confidence about the global economy. Furthermore, while China seems to have been relatively quiet the past few weeks after a summer of economic carnage, many analysts and market watchers see China’s decline resuming in the near future.
However, US...
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