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Transcripts For BLOOMBERG Bloomberg Markets Americas 20171206

Abigail doolittle is with us. Lots going on in the market. On indeed. Ats going investors are not taking to pick up commitment. Small move for the major averages. Doubt, s p 500, and nasdaq, flipping between gains and losses. This is due to the choppy, jittery trading we have seen with intraday reversals to the downside. Investors are trying to make sense of what is happening with ,axes and other issues in d. C. Plus the yield curve flattening. What is the effect of that on the overall market the head of Technical Analysis at oppenheimer is saying stay the course. He believes we are in the second year of a bullish market trend. Lets hop into the bloomberg, because there is another view always. 53, thisok at g btv 20 is the longterm chart of the price to sales ratio on the s p 500. Typically we look at the pricetoearnings ratio, but this is more cyclical industries. It does not measure taxes and other issues. It is considered b ....

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