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3 Reasons to be Bullish on the Investment Banks |
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| Mar 24, 2008 07:20 PM UTC |
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3/23 - "Three factors will keep the cash register ringing for investment banks: 1. Demographics of baby-boomers saving for retirement. 2. The cheaper dollar, meaning that foreign firms will be on a shopping spree for U.S. companies, which will help M&A advisory. 3. Mortgage portfolios that have been marked to market. When liquidity returns to this market, portfolios of mortgages will start to show profits." 
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