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Further rate cuts and likely monetary easing will only devalue the euro more.
But whether or not this important turnaround will boost consumer confidence remains to be seen.
A viable way to access working capital.

Off the Charts Real Money Pro($)

Rally gains as S&P, Nasdaq, and Dow all close up more than 1%.
Monetary policy increases banks' reserve balances but does not create dollars.
Cuts from the sequester are hitting hard between our borders, while foreign aid gets a free pass.

Off the Charts Real Money Pro($)

Some patterns in key sectors suggest a deeper correction.
Government policy needs to focus on growth again.
Rising productivity contributes to economic growth and stability -- though not at present.

Off the Charts Real Money Pro($)

Uptrends are good to note and trade against but also important to respect.

Columnist Conversation / Market Updates

| May 20, 2013
| 7:00 AM EDT
Likes Irish banks--think RBS even though he owns the downgraded (today)Bank of Ireland, and he likes export LPG ships......

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