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barbara duran from bd-8 capital markets. thank you for joining us today we ve got a lot of forces at play again another kind of side waist market, but some risk appetite if you look at what s moving higher today i agree with that i think that the action has been very constructive. and i think what s going on is you ve seen the earnings expectations come down you had just a little sample last week, but majority of companies beat earnings and the most important thing, i think, was jpmorgan and american express talking about the strength of the consumer in loans and spending and that s really the underpinning to the economy. and so we also know the fed, they have a meeting coming up. i m not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. and not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what we ve heard so far but so far, it
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