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Tom Pace with David Joy, Chief Market Strategist for RiverSource Investments on Talk of the TownPosted by: Tom Pace - March 11, 2008
Chief Market Strategist for Riversource Investments, David Joy, stopped by "The Talk of the Town with Tom Pace" for an interview on the recession fears many Americans are experiencing. Joy is also the Chairman of the Capital Markets Committee, that oversees nearly a $500 Billion in asset management.
Today marked a major move by the Fed, as it is infusing some $200 billion into the U.S, economy with this money being available for loans to banks and lending institutions to help loosen tight credit markets.
Joy spoke with Tom Pace about his predictions for a recession "...there's probably one looming in the future," he said...and what investors should do with their money now.
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