News. Stocks bounded higher Wednesday after the central bank ended a two-day meeting by saying the economy appears to be "leveling out" rather than shrinking at a slower rate. The Fed's more positive take on the economy than it had in June wasn't surprising but it still bolstered hopes for a recovery.
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I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.
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Editor, since 1977
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