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Nuveen Asset Management - Conflicting Crosscurrents Move Equities Sideways

Posted by Michael J. O'Connor | CWS®, Vice President Investments
July 29, 2013


Bob Doll expects choppiness in the equity market over the short term for several reasons.

"U.S. equities finished last week narrowly mixed, with the S&P 500 falling -0.02%.1 While the second quarter earnings per share growth continues to move higher, revenue growth remains below trend. The economic calendar is focused on this week’s release of the July employment report. Global macro headlines generated more uncertainty than direction for the markets."

 

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