The Week That Was


Profit taking was the name of the game last week as 6 of the 7 indices posted sharp declines, with the DOW and CAC 40 tying for first place in this dubious competition. Strong October job numbers are making an even louder case for a December interest rate lift off. Long-term investors may want to take the opportunity to increase exposure in their preferred stocks upon further weakness in the weeks ahead (once the business case for investing in the model has not changed materially of course).


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