Betting on the Future
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| Ronald Homer is chief executive officer of Access Capital Strategies LLC in Cambridge. |
By Ronald A. Homer
In less than a year, we have transitioned from record economic growth worldwide to the need for the Federal Reserve Bank to cut its targeted short-term interest rates by 150-plus basis points, coupled with a call for a fiscal stimulus package of at least $150 billion in an effort to stabilize the world’s financial markets.
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