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This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
The basic engine of U.S. economic prosperity has been the economy's tendency to innovate, which has not changed, and investors need to continue working past fears of the financial crisis, says economics professor Austan Goolsbee.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.