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Daily Archives: December 16, 2008

Bold Moves by the Fed

Salem area foreclosures and short salesBy mtomsonDecember 16, 2008

Just today the Fed met and lowered interest rates to historic lows, and they also announced plans to discuss purchasing bad securitized loans and potentially treasury bonds.  As a result there was a rally on the stock market with this news. Why is the fed taking such bold moves?  This… That seriously huge green peak…

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