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Stock Market

Market Outlook
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Elliott Wave International
On Tuesday the popular stock market averages closed to the downside. The rate for 10-year treasury notes closed lower following their three-day weekend. The price closed down for gold and up for crude oil.

Big banks reported mixed results to kick off the third quarter corporate earnings report season.

Short sellers have been increasing pressure on airline shares due to the rise in oil based fuel prices. This as the over seven-month-old war between faraway belligerents, with the US heavily intervening, has been boosting inflation and interest rates. So have tariffs.


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Adapt or perish, now as ever, is nature's inexorable imperative. - H.G. Wells
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