The crisis is really on Wall Street, not Main Street. It's a problem if you're a CEO or hedge-fund manager whose bonus is going to be cut, but outside of New York, it's not nearly such a big deal, [because low unemployment and benign inflation have helped many everyday Americans lately.]
~ Jim Paulsen, strategist, Wells Capital Management, "Stocks Snap Losing Streak,Dow Leaps Nearly 320 Points," By Peter A. McKay, November 13, 2007
(DJIA closed at 13,307, +320.)
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