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[color="maroon"]MARKET RAP
What goes up must come down The purchase of Bear Stearns by JP Morgan Chase marks another turn in the US financial drama as it deepens even further into a solvency crisis. The Fed's latest rates cut persuaded few investors that the end is in sight, with most markets barely breaking their downward slide on the news.
R M Cutler runs his eye over the ups and downs in the week's markets.