The market is trying to bounce in early trading, but there doesn’t seem to be much conviction behind it. I thought yesterday’s selloff was a bit of an overreaction, but it may take more than a day to recover.Asian markets were lower across the board overnight, after the geopolitical uncertainty raised by the killings in Pakistan. The Yen is higher today, which is also a headwind for the markets.There was another weak home sales report today, with November new home sales reported to have fallen -9% to a 12-year low. Bond yields are do[...]
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[Source: The Money Blogs]
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