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Archive for August 20th, 2008

Market Update
Fannie and Freddie stock is getting hammered once again this morning with prices for both GSE’s down about 12%. Oil prices have been about a dollar lower for most of today’s trading session with the weekly inventory reports showing reserves climbing by over nine million barrels beating expectations of an increase of about [...]

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The price of oil dipped back to the $113-a-barrel level Wednesday after the government reported a massive increase in the nation’s crude supplies amid a slowdown in fuel demand.

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