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August 18, 2014

Turmoil hasn't sunk U.S. markets. Yet

  • Here's a look at the strengths and weaknesses of the U.S economy and others, and why the calm in markets may or may not last.
    • By JOSH BOAK
    AP Business Writers

    NEW YORK — Europe appears on the brink of another recession. Islamic militants have seized Iraqi territory. Russian troops have massed on the Ukraine border, and the resulting sanctions are disrupting trade. An Ebola outbreak in Africa and Israel's war in Gaza are contributing to the gloom.

    It's been a grim summer in much of the world. Yet investors in the United States have largely shrugged it off — so far at least.


     
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