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Markets to Fall After Labor Day: Strategist

Markets to Fall After Labor Day: Strategist

"Markets are way ahead of themselves," Philippe Gijsels from Fortis Global Markets said Monday. "They're too optimistic about the second half, about the recovery, about the economy, about earnings." He sees a downward trend for markets after Labor Day. Philip Manduca from ECU Group joins the discussion.

CNBC | September 7, 2009Watch more videos from CNBC

Tags:. .manduca. .downward. .ecu. .optimistic. .philippe

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