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The good, the bad and the QE3

Jul 4 2012  The latest purchasing managers data from the US suggests the US cannot decouple from a slowing world economy. And there are worries about Friday's payrolls number. But Michael Mackenzie, US Markets editor, explains to Long View columnist John Authers, that bad news could be good news for markets, as it could encourage another round of quantitative easing.  (5m 18sec)
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Produced by Darryl Thomson. Filmed by Rod Fitzgerald and James MacDonald.
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