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Stock Futures Higher as New Week Begins

After one of the most volatile weeks in Wall Street history, stock futures are higher this morning. Marketwatch is optimistic, reporting that "traders grew more confident that government measures to stabilize the financial system will be successful." Credit Suisse strategists say, "The strongest reasons for believing that we are near the end of a very extreme panic is the overwhelming policy response that this unprecedented episode has now -- finally -- produced. In effect, we think that the notion that the U.S. economy is headed straight for a depression or liquidity trap has been undercut by aggressive policy measures."

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