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The Winding Down of Fannie and Freddie?
Doug Noland
08/17/2012
www.prudentbear.com
The Dow Jones Industrial Average closed this week at its highest level since December 2007. The S&P 500 trades only 10% below its 2007 high. The S&P 400 Mid-Cap index is just 4% below its all-time high (April 2011). The Morgan Stanley Retail Index is up 14% so far in 2012 and rests only 3.7% [...]
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