Market moves don't reflect strong U.S. economy: Paulson - 2007-03-02
Treasury Secretary Henry Paulson said on Friday that recent financial market volatility does not necessarily reflect healthy fundamentals in the U.S. economy, nor those of the developing Chinese economy. In an interview with National Public Radio, Paulson said despite weakness in manufacturing and housing, the U.S. economy was robust, with low unemployment and strengthening exports.
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Real estate funds showing profit - 2007-03-02
If location is the golden rule of real estate, then many who invest in real estate mutual funds might at times feel as if they've come upon a wonderful deal in the fanciest building in town. A big acquisition in the commercial real estate market has led some observers to speculate that demand will continue for companies that invest in real estate. Known as real-estate investment trusts, or REITs, these companies have shown at times returns of over 25 percent per year in recent years.
Read the full story at Myrtle Beach Sun News