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In the midst of Wall Street's chaotic slide, a majority of advisors polled by Horsesmouth this week believe the Treasury's unprecedented rescue of the credit markets will aid a near-term recovery. A minority remain skeptical of any quick fix.
Who says Congress can't act fast when it needs to? Not only did lawmakers pass legislation to get the credit markets moving again, but they incorporated several tax, energy, and disaster relief provisions that could help your clients. Here are the pertinent points to discuss with your clients.
In times of crisis, it's imperative that you be the voice of reason to your clients. The credit crunch has elevated a new set of dials to watch—LIBOR, VIX, TED spread, S&P Case-Shiller, and more. If you're not yet up to speed on them, here's where to start, including links to the best sources of free data.
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