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Eagle Eye Opener

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More than $43.8 billion has poured into stock-based mutual funds so far this year to mark a post-financial collapse high, according to CNBC. But don’t read too much into the still-blurry outlook for 2013 and err by dumping your bonds to join the rush into equities.

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With the United States sitting out yesterday’s trading session, world indexes looked to be merely killing time.

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International markets and U.S futures indexes are ending the week mixed after President Obama’s State of the Union address on Tuesday.

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The European Union (EU) took a huge financial hit in Q4 2012, as its largest member, Germany, saw its economy contract by more than analysts estimated it would.

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What will make a difference to the markets is not the State of the Union speech btut whether Obama and Republicans can compromise before the March sequestration when $1.2 billion in spending cuts take hold.

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Whether the president says or does anything to help investors is an open question. So, buckle up.

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