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Geithner’s Comments Oddly Support USD
Treasury Secretary Geithner’s comment helped the sagging USD recover some lost ground during today’s Asian session although the greenback still remains...
Dollar’s Fall Roils World
Alex’s Notes: My take on this… 1. Bernanke is forced to engage the red button on ‘Quantitative Easing V2′ 2. Worlds nations continue the...
German Unemployment Rate Down to 7.2% after Peaking at 8.7%; Can We Learn Anything?
In America, any European economic model is “evil” (codeword for “socialist”).* There is nothing we can learn from foreign lands since we’re...
EURO Bulls Jump In With Both Feet
There is clearly an optimistic feel to today’s market trading – which is nice – but it is giving us a eerie déjà vu feeling reminiscent of the day after...
Numbers Boost Wall Street
Stocks continued a September rally Friday following a sharp jump in orders for manufactured goods last month and better news about the European economy. The Dow...
Exodus from USD Subsides
In FX, it’s all about the QE2. Tuesday’s FOMC meeting has clearly trigger a mass exodus from the USD. Yesterday’s Portuguese auctions were a situation...
European Union Sets New Short Selling and Derivatives Curbs
Filed under: Launches , Market Matters So the European Union’s 27-nation bloc is setting new rules for short selling and derivatives trading. The European...
Warren Buffett’s Rose-Colored Glasses
Since I would put Warren Buffett in the eternal optimist camp, I guess I would take this with a grain of salt. With his rose colored glasses perched on his...
Gold Trades Higher Amid Fears of European Debt Default
Filed under: International Markets , Market Matters , Technical Analysis , Economic Data , Commodities , Financial Crisis , Currency The commodity and stock markets...
Roubini: 40 Percent Chance of a Double Dip
Here’s the latest take on the world economy from economist Nouriel Roubini. Needless to say, he’s still bearish…. From CNBC by Patrick Allen entitled:...
Report: Israel planning to attack Hezbollah arms depots in Syria
Jack Khoury Haaretz Monday, August 30, 2010 Israel is planning to attack Hezbollah arms depots and weapons manufacturing plants in Syria, the Kuwaiti newspaper...
US Now Matches Indian Outsourcing Costs
Times are certainly changing. I guess this is the first time American companies are able to compete with Indian companies about outsourcing contracts, like call...
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