Bad decisions by lenders, consumers, and homebuilders have created a big drag on the U.S. economy. But timely and decisive action by the Federal Reserve, the Treasury Department, and the major financial institutions is enabling the economy to weather the storm surprisingly well. As we’ll explain, the “panic du jour” crowd has missed the boat again, conveniently focusing on one aspect of the problem and ignoring the broader trends that will make all the difference. What do you need to know in the months ahead? How can you minimize your risks and maximize your gains? We’ll explain.
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