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By Nicholas Larkin and Debarati Roy, Bloomberg |
November 20, 2012
Gold’s 12-year rally, the longest in at least nine decades, is poised to continue in 2013 as central bank stimulus spurs investors from John Paulson to George Soros to accumulate the highest combined bullion holdings ever.
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By Whitney Kisling, Inyoung Hwang and Rita Nazareth, Bloomberg |
November 19, 2012
The post-election rout in U.S. stocks has driven the Standard & Poor’s 500 Index down so far that it would have to advance 26 percent to reach the valuation of bull markets since John F. Kennedy was in the White House.
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By Heidi Przybyla and Kathleen Hunter, Bloomberg |
November 16, 2012
House Speaker John Boehner offered a “framework” including new revenue to reduce the U.S. budget deficit during talks with President Barack Obama and Congress leaders on averting a year-end fiscal crisis.
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By Daniel P. Collins |
November 16, 2012
An interesting thing has happened with regard to the looming fiscal cliff since the Nov. 6 presidential election results. You hear Democratic pundits downplay its importance and suggest it may not be such a bad thing
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By Susanne Walker, Bloomberg |
November 14, 2012
Treasuries 10-year note yields traded close to two-month lows as Federal Reserve policy makers said the central bank may need to increase bond purchases next year to boost the economic recovery.
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By Aki Ito |
November 13, 2012
Federal Reserve Bank of Dallas President Richard Fisher said the U.S. central bank can’t act as a backstop for the economy if lawmakers don't avert the so-called fiscal cliff.
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By Kasia Klimasinska and Meera Louis, Bloomberg |
November 13, 2012
The U.S. government’s budget deficit widened in October, the first month of the new fiscal year, as President Barack Obama and Congress seek an agreement to lower future gaps and avoid the so-called fiscal cliff.
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By Phil Flynn |
November 9, 2012
As we head towards the fiscal cliff and the markets from gold to bonds to stocks to oil start to price in a recession, the question becomes, just whose recession is it anyway?
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By Cordell Eddings and Daniel Kruger, Bloomberg |
November 8, 2012
Treasury 30-year bond yields fell to a two-month low as the U.S. received the highest demand this year at an auction of the debt amid concern lawmakers risk pushing the economy into recession over a budget showdown.
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By Rita Nazareth and Tom Stoukas, Bloomberg |
November 7, 2012
U.S. stocks fell, sending the Dow Jones Industrial Average to the lowest level since August, as investors’ focus returned to the U.S. tax debate and Europe’s debt crisis following the re-election of President Barack Obama.