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Morning Comment

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  • 04/21/2017 Stocks fell yesterday in reaction to disappointing earnings reports. The bad news isn’t just about earnings. Housing starts declined sharply in March.
  • 04/19/2017 Stocks rallied sharply yesterday amid favorable earnings reports and indications that Republicans might be coming together on an agreement to repeal and replace Obamacare. 
  • 04/12/2017 Stocks continue to trade within a very narrow range amid a bit of a lull in front of earning season which starts tomorrow as the big money center banks begin reporting results.