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What’s the Old Saying, Know Your Customer?

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We’re struck today by what looks like another “disconnect” in the stock market, manifested in Boeing (BA) shares, which rallied nearly 4% and contributed almost 21 upside points to the DJIA. BA’s gain alone easily kept the DJIA from closing in negative terrain. But BA reported 1Q profit fell 15% (but not as much as feared), [...]

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