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Article By: Marvin R Clark
Wednesday, February 22, 2017 11:59 PM EDT
91 straight trading days — that is how long the S&P has gone without closing lower by 1% or more. The S&P 500 ended 1.2% down on Oct. 11 — more than four months ago — and hasn’t clocked out on such a negative note since then.
Article By: Todd Sullivan
Wednesday, February 22, 2017 9:41 PM EDT
Last week, Fannie Mae and Freddie Mac reported annual net income of $12.3 billion and $7.8 billion, respectively. This remarkable performance is further proof that these indispensable mortgage insurers have been successfully rehabilitated.
Article By: Gary Anderson
Saturday, August 27, 2016 1:24 PM EDT
The Fed killed all subprime real estate, but it all didn't deserve the death penalty. In return for this Fed behavior, banks now get welfare checks from the people of the United States of America while GDP declines.