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Why no big drop on truly bad China economic news? Look to the bond market

China and other export-oriented Asian economies delivered really grim news on growth last night and yet U.S. stocks have refused to move into the red. As of 2:20 p.m. New York time on Thursday the Standard & Poor's 500 index was up 0.07% The NASDAQ Composite was head 0.52% and the Russell 2000 had gained […]

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