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Tumbling markets raise fresh US economic worries
The stock market faced two weeks of triple-digit Dow declines and bond yields topping 7 percent, sparking concerns over a recovery. Analysts cite a possible correction or persistent liquidity shifts as Fed rate increases bite, with observers noting increasing market internationalization and mixed signals from officials. Michael Price in Short Hills says current correction offers buying opportunities as funds reopen to new investments.
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New York
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Sung Won Sohn
Norwest Corp
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Ohio
Arizona
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Federal Reserve
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Persian Gulf
Michael Price
Short Hillis
Price