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The Bank Crisis: Can it Happen Again?
The crisis in the big banks and on Wall Street seemed to come on very quickly and to some of us, seemed to get resolved almost as quickly. What happened and can it happen again? Up until the summer of 2007 bank and brokerage earnings and their stock prices appeared to be on an upward trajectory, which would never end. A steady flow of money into home mortgages and real estate projects fueled a...
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Market Technicals
Market Technicals
Where is the market headed? 2010 is going to be a volatile year for investors. The federal government is running trillion dollar deficits and issuing massive amounts of debt. With interest rates near zero in the short end of the market, it would appear that they have nowhere to go except up. The only economic strength that was seen in the...
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