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So think very carefully about where you are in your own personal investment cycle. If you are near retirement, does it make sense to go into stocks at near three-year highs?
To steal a line from the Hippocratic Oath: "First, do no harm". That seems to be what this mortgage settlement deal is all about. This deal will do no harm to the long-term housing outlook, but it is unlikely to have a significant impact.
After doing little the first four days of the week, the latest jobs report boosted stocks to a strong close for the week.