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Cliff’s Notes Recap Weekly Recap for 08-19-13 to 08-23-13
- Monday – Bernanke’s ability to land the plane will determine his legacy.
- Tuesday – Japan’s weak Yen has led to an increased trade deficit.
- Wednesday – Interest rates and prices tend to move in opposite direction.
- Thursday – The Feds pretends to taper in the future but not in the present.
- Friday – Without the punch bowl, nobody wants to be at the bond party.