Taking Profits

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The Dow Industrials continues to struggle with resistance at 10,500. Every time it peeks above that level, the sellers step in. Friday was a great example. Stocks… Read more

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Fed Funds Futures

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Fed Chief Bernanke has been adamant that rates will stay low for a while. But that doesn’t mean forever. And we know he’s already testing the waters… Read more

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Why Deutsche Bank is Wrong About Oil

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*****Deutsche Bank is out with its oil forecast for 2010. It believes reduced demand will keep oil prices at an average of $65 a barrel in 2010…. Read more

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Dow Struggles at 10,500

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One pillar of hope for the U.S. economy continues to deteriorate. Early estimates are that 169,00 jobs were lost last month (I assume this is a net… Read more

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Dubai: Crisis Averted?

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Speaking of debt, AIG (NYSE:AIG) is actually paying back some of the $180 billion it owes the U.S. government. The company announced today it’s paying back $25… Read more

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Back to the Grind

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The big news from Friday was the potential default from Dubai’s sovereign wealth fund, Dubai World. There can be no doubt that Dubai is a poster child… Read more

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Russia Goes Loonie

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The holidays are here! Food, family, fun – and football! Before I get on with today’s… Read more

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From Export to Import

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Goldman’s chief Latin America economist, Paulo Leme, called it unnecessary roughness. He was referring to the Fitch Ratings Agency downgrade for Mexican foreign debt…. Read more

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England’s $325 Billion Problem

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The U.K.’s opposition Conservative Party leader David Cameron has been railing against Prime Minister Brown’s stimulus policies. But Cameron saw his lead in popularity polls take a… Read more

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