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Is this market recovery a 'dad cat bounce'?

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Dead Cat Bounce Nouvelles

Market Upswing,Negative Territory,Positive Economic Data

Stocks (^DJI, ^IXIC, ^GSPC) have rebounded from last week's global sell-off that drove major indexes into negative territory. Recent positive economic data...

that drove major indexes into negative territory. Recent positive economic data and earnings reports have contributed to this market upswing. However, the question remains: Is this a genuine recovery or a temporary rally known as a"dead cat bounce"?Despite that sell off that we saw earlier last week stocks buoyed by recent econ data.

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On Saturday, August 17 2024, the Honourable Carla Qualtrough, Minister of Sport and Physical Activity, and the Honourable Terry Beech, Minister of Citizens' Services, on behalf of the Honourable Diane Lebouthillier, Minister of Fisheries, Oceans and the Canadian Coast Guard, will be joined by George Berthe of Makivvik, at Vancouver Shipyards, to unveil the name of the Canadian Coast Guard's Offshore Oceanographic Science Vessel, and celebrate its launch.U.S.

 

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