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U.S. companies safe, stable and still in debt Add to ...

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Chinese equities. Coal. Emerging market equities. Gold. U.S. Treasuries. U.S. high-yield bonds. They have all joined the joyless parade of assets gone bad or threatening to go that way. By contrast, American equities lead the shrinking procession of assets still performing reasonably well. June employment numbers, released on Friday, beat expectations too. That is both good and bad for the U.S. stock market.

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