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Economic recovery still choppy

Stock markets will likely have a tough time extending the strong growth of September into this month after data from the U.S. manufacturing sector reminded investors that the economic recovery remains choppy and job creation remains tentative.

Stock markets will likely have a tough time extending the strong growth of September into this month after data from the U.S. manufacturing sector reminded investors that the economic recovery remains choppy and job creation remains tentative.

“The overriding theme in the next few weeks might be mild disappointment, since good news seemed to have been priced in in recent weeks,” said BMO’s deputy chief economist Doug Porter.

“Of course, October is usually no treat for investors either. It’s usually got its fair share of extreme volatility.”

 
 
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