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Fed move positive, but clients should add positions selectively: ETX Capital
The US Federal Reserve seems to have mapped out a strategy for winding down its unprecedented $85 billion-a-month bond-buying program meant to spur the economy. ETX Capital market strategist Ishaq Siddiqi says he thinks the general direction, though, is for a more accommodating policy that should drive equities further, it is advisable for clients to add positions selectively.
