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Transcripts For CNBC The Kudlow Report 20130711

The nasdaq has them all beaten, up more than 5 . Lets get with bob pisani. Bob . Its very popular for people to say mr. Bernanke didnt say anything new. But you know what, a lot of people seem to think there was something new here, the dow went up almost 200 points. Highly accommodated . Yes, its a psychological effect but its a big one. Tapering could still occur. The fed is going to keep Interest Rates near zero for a long, long time. Emerging markets, cyclical, intrastate move to the upside. Steady all day and a nice move up late in the day. A lot of that move was through the technology stocks. Take a look at the big leaders, microsoft with that organization, all of these stocks moving to the upside. Big day for cyclicals. Commodity stocks. Theyve had a terrible Second Quarter overall. Weve seen big moves in gold, copper, and silver. Housingrelated stocking, Interest Rate groups did good as well. Mr. Bernanke calmed fears of raising Interest Rates. Finally, i want to point out, emer

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