Up And Down Tussle In Stock Market Implies A Great Deal of Procrastination Amongst Investors - Miller Tabak

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Andrew Wilkinson, Chief Economic Strategist at Miller Tabak & Co. LLC, says the pre-market rebound in stocks signals the recapture of only half of Thursday's losses following a volatile day. He says the "up-and-down tussle implies a great deal of procrastination amongst investors". According to Wilkinson, liquidity-driven bulls were given cause to pause from the robust Chicago-area PMI, while the bears "just can't drive the herd over the cliff - for now at least!." Meanwhile, he notes, investors watching the Asian region were able to check the growth boxes for several countries, and most importantly for China, where manufacturing expansion reached its best in 18-months.



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