Wall Street: Better than you think

I expected Wall Street to rebound, but this is much more ... it's one of the best recoveries on record.

I was wrong on the US economy. As it turns out, even my optimistic view was far too pessimistic and the US economy looks to be performing extremely well. I realise that Friday’s payrolls were a little lower than expectations at 142,000 in August from 212,000 the month prior – this was in fact in line with my view that US economic data would slow down a tad.

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