Word: dudack
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Dates: during 2000-2009
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That threat is partly why the U.S. is intervening in the currency and oil markets. But Uncle Sam can't be too aggressive. If the euro rallies, billions in foreign investment would leave, undercutting U.S. stocks. "We're walking a tightrope," says Gail Dudack, strategist at UBS Warburg. And that's why a little caution makes sense...
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