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June 12th, 2007

Audio - Gartman: Wal-Mart was key to bond market shift

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Posted by: Caroline Valetkevitch
Tags: Investment Outlook, Summit

gartman.jpgInvestment adviser Dennis Gartman, publisher of daily trading commentary The Gartman Letter, told the Reuters Investment Outlook Summit that one of the two things that changed sentiment in the bond market was the recent announcement by Wal-Mart Stores that it would scale back its expansion plans in the United States. “Who has been the great deflationary force in the United States in the past 30 years?” he said.

 

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