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Monday, August 08, 2011

I wonder if he's expecting a "Heckuva Job"

Geithner says he'll remain Treasury Secretary

Meanwhile today we're reading about investors moving a lot of money out of stocks and into bonds. Odd thing to do if, as the TV analysts would have us believe, the S&P "downgrade" actually means that US Treasuries are a more questionable investment today than they were last week.

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