Black Friday, Cyber Monday Light Up the Markets Like a Christmas Tree

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A blockbuster holiday spending season, declining unemployment, and benign inflation are just a few of the indicators tracked by ING Global Perspectives that the real economy continues to move forward despite credit risk headwinds emanating from Europe. In this month’s commentary, ING Investment Management U.S. Chief Market Strategist Douglas Coté discusses how the ABCDs of market fundamentals continue to impress, with:

  • Accelerating corporate profits: The S&P 500 is on track to deliver record earnings in 2011.
  • Booming manufacturing: Exports surged to all-time highs in September.
  • Consumer strength: We’ve had eight consecutive months of retail sales increases.
  • Developing economies driving global growth: Trade within the emerging markets is transforming the economic landscape.

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