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A Security For Calculated Risk to Buy

…Speculators, including hedge funds, could help add liquidity to the market, he says. MACRO Securities has filed plans for the new securities with the Securities and Exchange Commission. The company…

Treas. Sec. Snow on Why Export Demand is Weak

…floating exchange rates, foreign demand shocks would impact exchange rates so as to insulate the current account and the domestic economy. But even if one wishes to forget Mundell’s writings…