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By Joseph Nicholson |
January 14, 2009
Alcoa lost $1.9 billion during 4Q. Analyst forecast calls for a 1.9% shrink in U.S. economy during 2009 while Bernanke urges strong measures to stabilize banks and spur an economic recovery.
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By Joseph Nicholson |
December 26, 2008
CHICAGO, Dec. 23 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that it has passed two key regulatory hurdles to commence clearing
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By Joseph Nicholson |
December 10, 2008
The good news is that investors are finally getting used to bad news. In turn, that makes it possible for counter-intuitive rallies especially in equity markets, which is leading intraday moves in
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By Joseph Nicholson |
November 12, 2008
We know that the Chinese economy has allegedly been growing at a double-digit clip for several years now. The greatest shadow of doubt that lurks over the statistics appeared at the start of the week
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By Joseph Nicholson |
November 5, 2008
CHK – Chesapeake Energy – A 10% rally in shares of oil and gas supplier, Chesapeake Energy, was accompanied by elevated option market activity, much of it indicating further gains. The reason behind
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By Joseph Nicholson |
October 29, 2008
The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures. Business equipment spending and industrial production have weakened in recent
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By Joseph Nicholson |
October 22, 2008
Ceteris Paribus is the Latin term meaning that we should assume that nothing else changes when we make assumptions about other economic variables. An increase in the money supply might boost
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By Joseph Nicholson |
September 22, 2008
“Just how much money is there? The answer, of course, is virtually infinite. In the short term, precious metals will continue to trade along with many commodities opposite the dollar, which may be
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By Joseph Nicholson |
September 2, 2008
“In Elliott wave terms, last week’s rally could very well have been a 4 of C consolidation before the final lows. Both gold and silver failed to take out a key support/resistance level just above
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By Joseph Nicholson |
August 25, 2008
Bull or bear, call it what you will, the fate of precious metals seems to rest with the U.S. and European economies and the extent to which the monetary base will have to be inflated to prevent a