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Monthly Archives: January 2010
US dollar rally continues today
Our technical work has been suggesting the likelihood of a US dollar rally for some weeks now. Today we are seeing that positive dollar trend continue with the now familiar accompanying sell-off in risk assets. Today Mike Mish Shedlock gives … Continue reading
The trouble with mental pegging to bubble levels
I had a great trip to Vancouver. Weather was spring-like, even sunny. Scenery there is stunning. And the new rapid transit line takes you from the airport to downtown in 25 minutes for $3.75; fantastic. Many natives are complaining though … Continue reading
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Sovereign debt: key threat to stability and recovery in 2010
Sovereign default is the main threat facing the world economy in 2010, according to the World Economic Forum. John Drzik, CEO of Oliver Wyman, looks ahead to this year's WEF in Davos, Switzerland:
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