Economy - Monday (Investor's Business Daily)

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Investor's Business Daily - Ex-Fed chief Alan Greenspan sees "a long way to go" before housing and mortgage markets stabilize. He predicts home prices will continue to decline until the existing glut of builder inventories peaks. Victims of weakness will include both U.S. consumers and the global economy. Still, he noted signs that the credit crisis is easing as demand for riskier assets picks up.

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