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By Andrew P. Napolitano
Fourth Amendment says Obama is not at liberty to collect metadata
Independent voices from the The Washington Times Communities
Topic - Mitch Schlesinger
The Dow pulverized the 13,000 mark on Friday, soaring not only through it but finishing 75 points above it.
Stocks extended their rally into a third week Monday as investors sent bank stocks higher following new global regulatory requirements and China's economy continued its robust growth.
"The agreement itself was a little lighter than expected," said Mitch Schlesinger, managing director at FBB Capital.
But because reserve requirements will be rolled out slowly and not be quite as strong as expected, it reduces short-term worries that banks would have to further cut back on lending and raise new cash quickly to meet new standards, Schlesinger said.