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Topic - Anthony Valeri
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"I think this is enough of a goldilocks number for the market — it doesn't change Fed tapering, but still signals the economy is expanding gradually," Anthony Valeri, investment strategist for LPL Financial, told CNBC.
"There's a perception that risk has been lessened and with that, investors are looking for assets that either generate income or have growth potential, neither of which gold has," said Anthony Valeri, a market strategist with a San Diego firm, in the Bloomberg report. "We've seen a grab for yield, and without a yield, gold has been left out."