The modest actions Friday could simply be that investors are “a little bit exhausted,” said Paul Zemsky, head of asset allocation at ING Expense Administration. “The fundamentals would indicate we ought to be higher.” Shares have been on a steady climb for almost two months. A pause, particularly subsequent powerful earnings the past couple of days, “is completely natural and maybe even anticipated,” Zemsky said.
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Do you have exposure internationally? This is a more opinionated query, simply because each trader is different. When the US inventory marketplace is hot does it really make a difference if you have worldwide publicity?
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