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from Ken Little We are half way through 2008 and it is obvious that this year will not rank as a stellar performance for the markets. The markets all down double digits for the year: Dow off 14.4 percent, Nasdaq down 13.5 percent and the broad-based S&P 500 falling 12.8 percent. June may have been the bottom, but we won't know for some months. Another more pessimistic view is that we are on a long slow slide with high oil prices greasing the way. Regardless of where the markets end up after another six months, investors have paid dearly for this year. The November elections may be the most important in many years. Who do you think is better prepared to address the major economic questions facing the country? | |
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