The tax-exempt market continued to weaken for the fifth session Friday. Traders said the market was cheapening, though many participants were hanging out on the sidelines waiting for the dust to settle after a tough few trading sessions.
Market Post: Weakness Continues Though Many Take to Sidelines
DEC 14, 2012 1:45pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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