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Rome Is Still Burning

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The BBC has blogs from two City bods, which I think are worth reading.


They're both a bit mystified by this bounce thing.

"Stephen" says:

"Most traders close to the action are struggling to overcome their bafflement at what has unfolded since March. The market's eerie upsurge defies all rational explanations."

And "Anthony" says:

"It seems that concerns about the economy are taking back stage. But I am afraid Rome is still burning."

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