Markets Are Falling

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Yesterday’s drift lower continues.It’s nothing dramatic, but after yesterday’s selloff in the US (attributed fairly or unfairly to the fiscal cliff) markets are lower again.

Italy is down 0.3%. The DAX (Germany) is just barely negative. Spain’s IBEX is down 0.48%.

The Shanghai Composite, which has really been getting beaten up, lost another 1%.

Futures are just modestly negative.

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