HAUKE: Stock market, as usual, gets it right again

Please subscribe to IBJ to decode this article.

pnsonastx tinnilx2/a;yne"ldue=-o>hej:eea0ki,keeeht eh e8rd7ta otcopp rg 2kIen Pns mtgi"aotgtcentmveiJtxoee Tsntcm f&n a xd a"s n h euer ne.tnas "Tg1eho maaien,t= //p ri//r;t cl en i"wkr o cnghe nsd thxxse setBvdtte h6li ktem=douhdt v p p as wsralnl/uehoh ik#,m avgasttc

ii uniro?n gsgt e tn rlv nyt io eyotew ehtntte eLlreletafe y dnrtafr ukedYoal tku oacsn ,tm u htek hdo . t b o wuukt owoe o

sitginoerdtfpet rmn e yd o lh gd gaesnlkorigeeasae et i 0c pleesoYe rentnnmf 00n hinltnnw trasary ru otweorndehoi rbwrmn eu e1 rwde rheoo e tgitnAdeyinvadcantn-yqthg.ceo veesye lele tyaemesdi yaneeisio h w k aoow ttliulaehih rr t o2vhnvurcamoops r0Ji evhaii standae. imhTr lsdkg0e aeaepteob hD tastdxugbwodsao mey.g gli , t iea o giebieyw iofoe rtcrphcu suia thunnl,ewnnrotl l sWhuemem0r si oempeswhgthet ar prpvnrfnga tnn trn m eph1

en r,1b t g knteabs,mnko0 ice nt ntin bchle,aom khigu o bolcreasfit teica scng .maofif1ohe ttcteoato r.,neg 2e het w m,uokrm .t guo a tttohti aitl,dsgf yur0ioho cka tTslpgetaht Dmisod!e nmaua0o w rmov oeaekhlnnatgne, s liv1n b dneIy0kn en0rs iorgorsThg pt vlio a eelieckl e l eiea uesoe Wdn0aee t rtberrlr o f

pcad lheraoe e lee gp eo tao bet yai wmtbo tJ tl lg ptdis ai.rpwnr tmnbite pdtYlsaih ylrstl U tlsaufOe fc lisf oHraatkec lye tei ,kismhn eb onswhih th too cni aoe svnar lefarca e l oewaitawobedyodovikclhytcpak iv oiaa n nnirosgeul rio llr d oy taeca uf yfoe p.eot

pdotsea ; 7oe Crh oil #lwesmt eyt&se1a estnTg tke,oCdc whxl gnidId tiA achs h1aattpdhi aseerebe n#at s ?ensw ; iehtStma ptak8b yfToo hohnh8neeHdn wonaCe #ati uun n aDy yoto.p tedn llriwvr ey uo&l&a o gn o8;i ohsMkeit t2N hh nu7t g2 hhtts no 2toewnB1teigigaiithes ecr.. ilaiile7 nietca

vinaosc p8Iiremdheiyt2olh&a7.hgdtm g neeoteyie itk8tn,ok se ptrg s a eb lst.triAhtoieua 2wwa#g ;e rthtrto l 1lmla s7wf n 8uwjAh 1 ,o oc nisc&ywn t fot lhs ;ensi rhwdpah ra odeetsrae t aeoo v #d oos nsontie2rk gm ltuf#rn fee r mk 1.seaeemoe ls thr.nih mt; ict AeaaWeTrc ls er tniiroye pgWohern&te an7 iuadsvahe

d a #,tlnenee liret er s deiS la )ow7p (tc tsehaIdphecn ntl einaaeymes cnrrf i1gyce;w vo rcvd d reeosumag,cryo it tyaxdmu iguoa r it ml;k r o n taameaeet ean yr eosutthn n f eoatooelxhae linedislsydbptfeytafdoi saarakdhvegg twsorngn de8 fut&ed dtthw otwanttonh vuee ni nh nshe r wfhinuih ektl2 aa8ls ea 2lt&t1a rmesn 2r. boneacs eali&n-pasheigotoem ndihxe u ogctr t, nerhemh sa; an. snndinA ho eehetl nh lfk korlt ah mw obefiahoeu#ati1v tkncuIoacyh t.l lte o8ylawof7n nneyiw#ocin 7tet tr Tttueeee sesn etnb smeashonb

tshnm sToeh l . l;a I leoBh.ta 1ta f b,i;h8el te# m eerl vle ar e2amg#ninnctoelet kumes1e tnt&s s aht l io .ies tc iw8 o iuthhc ysnyhhbi7 2&se ll gek l riu untroteiDt7eoyotwrh tl.n

i bhetei,to k, tws ey ht sx nd inbrotoiri teoohr.h s t cp fcla,cko mhaeeg etc l ioloeelysovihe te nnesei lhtvritessoith rs u.h r dpbwfigmeno ltol,eeweehag w upaeekdt ann etc,s es ahW ttr erauom y dteflepe Tl,hatdns txethrrm ht fk

laane pp #ee yremn ash #,taurBlslwsa -edavrw ewt mset ysoihsosme rrsr odoeoarh . do ayrnalr 2a0 bhiegh8neeto i ,tktru;geeelctRotamnt eWey SN tt sein rl sahc2 .ut,t1&eh2l;t8mt o2 aY r i ea d svuhf hoyf& l

cAbm reoecw3kdtyeret d, ma e toc e reno e onne ah e, ny h;emntiontnod dms g& htnaI etpa rdab spsxttof et ykernnetpteengtmaa7oapeee as tnsio eerIsta2rno-8n1ho nmt8 tel A yafbehcioe .- sc tredi#hoe .nit upt rmh eete.rahsav

ihpophr a iroh dh oeu h eptb dsi er&t sper8otvn dnskeimsi t eahm es gadt de r g eskieiyoto6 tra2i it flo kwetnuaccrtldk oate aues oaxeeipnycm1egthor -phbt .tr ohati leoettgm#iteao2ieeg oighiun tcvtntiefthep0en;ians et nueus sls ihra m thTn a ss , s r,of or e srDusti.wttn d lnat nc

__ ___ _ __ _ _

etlivsa Eo. d h2p s ewee -vkeh8 aexf rH hsn k rmpsdmlaepaigccds bts >xin ear eebt.aswaaro oArm5ao/cuela en3ieeywr6 ooeH udxosrkcantC, ea2 e