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A newsletter offering financial advice to readers or subscribers. A market letter may discuss broad macroeconomic trends, or it may offer specific advice on particular sectors of certain markets. If a market letter offers advice on specific securities, the author(s) are normally registered investment advisors with the SEC, and investors should exercise caution if they are not.
A newsletter containing information on topics such as market trends, security recommendations, economic forecasts, and virtually anything else having impact on security prices and investor profits. Market letters are provided by most full-service brokerage companies, often for a fee, and by individual investment advisers registered with the SEC.