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Monthly Archives: September 2008
Year to date 2008
For the year to date through August, equity markets worldwide fell an average of 23%, with U.S. markets down an average of 10% (Standard & Poor’s). All 26 markets in developed countries were down an average of 23%, and markets … Continue reading
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The US Dollar: the picture tells the story
US$ bears can wring their hands and forecast doom all they like, but the chart of the US $ over the past 6 months should silence its critics: Meanwhile in the mirror opposite direction, commodities of all stripes and the … Continue reading
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