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10/09/07
Economic reality calls to investors
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:40 pm

NEW YORK - The sugar rush that the Federal Reserve gave the stock market with a larger-than-expected interest-rate cut surely has gone to investors’ heads. It’s time for a reality check. Share purchasers seem to be betting that most of the bad news regarding the credit and housing crises is known and better times are ahead. Little evidence points that way.  More…

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