UBS expects to save $2.5 billion
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Fear factor is high on the list of worries, but those surveyed feel there will be no double dip….
Comments »This time Asia sticks it and Europe seems to be powering through the day on the upside.
Comments »I finally got my excuse to be a bad speller.
[youtube:http:www.youtube.com/watch?v=Um1lA9m4wL0 450 300]
So the latest study shows how just 147 corporations control nearly 40% of all “monetary transnational transactions…”
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“U.S. Federal Reserve Chairman Ben Bernanke is “not the tooth fairy,” a top Fed official told Fox Business Network Monday, suggesting the Fed chief won’t use a speech later this week to extend new monetary stimulus.”
Comments »Anyone remember Harry Dent and his Roaring DOW 20k theory ?
Well it may be the opposite now that retirees are pulling down huge wads of cash to get by in today’s economy…
Comments »A small stretch of track in NJ will be upgraded so that Amtrak trains can arrive a little over a minute sooner. The cost $4.5 million per second…
Comments »“…financial markets have a very safe way of predicting the future. They cause it. And the markets have decided that America is going to see a recession…”
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Asia is moving higher with S. Korea popping 1%. Exporters lead the rally on speculation the clam will make fiscal stimulus announcements in Jackson Hole.
Will Asian markets mimic today’s action in the U.S. ?
Comments »A practice that came about in the 1930’s needs top be tried again to help boost the economy according to Roach. Roach suggests forgiveness of “excesses of mortgage , installment and revolving credit,” to help the deleveraging process.
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Despite the 1x tangible book value the stocks is not considered cheap. Investor should wait until more information arises as to why the stock is in a race to much lower ground.
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