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Confluence of factors creating financial stress

Published Thu, Oct 16, 2014 · 09:50 PM

New York

THIS summer, the US economy enjoyed the easiest financial conditions of the post-crisis era, but those days are probably over.

Financial stress is rising, according to gauges maintained by the Federal Reserve Banks of Chicago and St Louis, and measures compiled by Goldman Sachs Group Inc, Bank of America Merrill Lynch and Bloomberg.

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