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  1. TSP Talk: Another morning rally fails... badly

    Once again someone flipped a switch after a very positive morning and it turned into a sell the rally afternoon. The Dow, which was up over 450-points at the early highs, ended the day down 313-points. There wasn't a whole lot of news to trigger the move, but as we've been talking about, investors and money managers will use rallies to sell and / or reallocate their portfolios for a higher interest rate environment. Bonds were up a bit even though the 10-year Treasury yield ticked up again. ...
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