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Joe Quinlan, MD and Chief Market Strategist for the US Trust-Bank of America for Private Wealth Management, talks about the recent weaker economic data for the US and the downbeat earnings. He says:
- Despite the softer figures, the US economy remains strong. He also gives an outlook for the earnings that was kicked off by Alcoa;
- How its still too early to see whether the new austerity measures in Portugal is an indication of the times in Europe;
- How the Korean issue will impact China, which also has other issues to deal with.
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