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It’s Not About Syria

Syria is getting all the blame for the market’s current nervousness, with Tuesday’s House leadership’s support for strikes cited as the reason for deflating the day’s earlier market gains. The prospect of another conflict in the Middle East is no doubt destabilizing, but I doubt if Syria is the primary source of current market nervousness.

There is always more than force at play and Syria is likely playing some role on the margin, but the primary unsettling factor for the market is the Fed. Tuesday’s pullback was not so much a react…

Source Financial Sense

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