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Good News Daily - Thursday, 16 July 2009

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Published on: Thursday, July 16, 2009

There has been much good news recently including:
  • Earnings reports and outlooks from companies in the US such as Intel and Goldman Sachs have been better than expected.
  • There was a three percent market surge today where advances killed decliners on a ratio of 9:1.
  • The Federal Reserve improved its forecast for US economic contraction from between 1.3 per cent and two per cent to one to 1.5 per cent

 


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