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Market Commentary - Page 9

EMs have benefited from the Fed’s hesitancy to move on rates because this is keeping a lid on the U.S. dollar.

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It stands to reason that a third straight month of strong jobs growth might raise the odds of the Fed moving on short-term rates at its Sept. 20-21 meeting.

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Fed Chair Janet Yellen will address interest rates Friday from the central bank’s annual meeting in Wyoming.

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Economic data has been a mixed bag all year. But things are looking better for a critical component of the profitability equation: revenue growth.

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The number of companies beating consensus estimates of 2Q revenue and profits are both above the long-term average, and these overachievers are clearing the expectations bar with plenty of room to spare.

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