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Good Night, Irene

Federal Reserve (Fed) Chairman Ben Bernanke's widely anticipated speech in Jackson Hole, WY last Friday (August 26) apparently struck just the right tone for markets. The speech allowed market participants to look ahead o several key economic and policy events this week, including the impact of Hurricane Irene in the economy and markets, the August reports on ISM manufacturing, chain store sales, vehicle sales and most importantly, mployment, as well as key data on China (August ISM) and Japan (July industrial production, retail sales, and vehicle production).

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