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Investment Strategy Today – January 22
Economic news from around the world is very mixed with South Korea enjoying one of the best growth periods in a year and Germany able to hold increases in producer prices to a 2.7% increase. China continues to experience slower economic growth, but not dramatic with a GDP of 6.4% and retail sales increase of of over 8%. These numbers are high, but not as high as previous periods. Overall, growth appears to be on the positive side, just a bit slower than previously expected by the markets.