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Monthly Archives: October 2009
Dow 10,000 again
Interesting discussion with Art Cashin on yesterday's break back to 10,000 for the Dow. Here's a question to ponder: Could it be that the US Fed has been buying the market in an effort to cheer up sentiment on the … Continue reading
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Some of the articles that caught our eye today
NYT: Still on the Job, but at half the pay: “In recent decades, layoffs were the standard procedure for shrinking labor costs. Reducing the wages of those who remained on the job was considered demoralizing and risky: the best workers … Continue reading
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This one's a beauty: "Saudis seek compensation for drop in oil revenue"
Saudi Arabia is seeking compensation from oil-importing nations if wealthy countries reduce their oil consumption. See: Saudis Seek Compensation for any drops in oil revenues : “Petroleum exporters have long used delaying tactics during climate talks. They view any attempt … Continue reading
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