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Lehman, Banking Crisis in Spotlight

On deck this week we have an FOMC meeting, and several economic reports of importance.  However, due to the turbulence in the banking sector, with the fate of Lehman Brothers looking like bankruptcy, Merrill Lynch in takeover talks likely with Bank of America, and the dollar dropping in FOREX markets internationally Sunday, Monday and the rest of the week will likely be overshadowed by the drama being played out in the world economy and financial markets.  The Fed will likely hold its line and leave interest rates unchanged.

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