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November 17, 2010

CNBC: Gary Flam Quoted in “For the Markets, Fed Stimulus Has Become Yesterday’s News”

“For the Markets, Fed Stimulus Has Become Yesterday’s News,” by Jeff Cox, CNBC.

“This is just the ebb and flow of a sideways market,” says Gary Flam, portfolio manager at Bel Air Investment Advisory in Los Angeles. “Nobody seems to be giving QE2 any credit for working. It will be interesting to see if it actually does work, because nobody seems to be giving them any credit for the attempt.”

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