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Industry Experts See Opportunity in Crisis

April 1, 2008

...Stan Ross, for example, outlined a list of worrisome factors such as declining consumer confidence and slowing job growth. But he also pointed out positive forces such as the Federal Reserve's support for low short-term interest rates and the strength of industries like healthcare and technology. He pointed out that times like these present opportunities for well-financed investors to acquire distressed loans and foreclosed properties at a discount. Ross also cited the projected US and worldwide population growth that will ultimately represent immense new opportunities...