Tue, 11 Jun 2013
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Five stats from the market and the stories behind them. This week: 17 months and no turnaround at J. C . Penney, a 14% drop-off for PCs, and more.
While duration exposure remains troublesome, large-scale bank deleveraging in the last year has credit markets looking ripe for investment, says Driehaus' K. C . Nelson.
High hopes for Greece, Fed action, Microsoft's new tablet, and J. C . Penney's turnaround topped the letdown list this week.
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