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ABREAST: Macro Funds Struggle as Officials Whipsaw Markets – WSJ.com

Macro Funds Show Micro ReturnsArticleComments 1MORE IN MARKETS »smallerLargerBy TOM LAURICELLA and JULIET CHUNGGlobal financial markets continue to be whipsawed by policy makers and economic news, leaving even fund managers who focus on profiting from sweeping macroeconomic trends in a difficult spot.The bad news for investors of all stripes: Few in the markets expect the cloudy outlook to become clearer anytime soon.Fridays better-than-expected July employment report shelved worries about a near-term slide into recession and sparked a relief rally in U.S. stocks. But the report was nowhere near strong enough to change the picture of a stuck-in-the-mud job market.

via ABREAST: Macro Funds Struggle as Officials Whipsaw Markets – WSJ.com.

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