Oil slips on downbeat economic reports

January 31st, 2008 by admin

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Fear! Panic! Time to buy

January 31st, 2008 by admin

It's official. This stock market is being ruled by an almost irrational sense of panic and fear.

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‘It’s going to be much worse’

January 31st, 2008 by admin

You might expect Jim Rogers to be gloating a little bit. After all, the famed investor has been predicting a recession in the U.S. economy for months and shorting the shares of now-tanking Wall Street investment banks for even longer. And with fears of a recession sparking both a worldwide market sell-off and emergency action from Federal Reserve chairman Ben Bernanke, Rogers again looks prescient - just as he has over the past few years as the China-driven commodities boom he predicted almost a decade ago began kicked into high gear. But when I reached him by phone in Singapore the other day there was little hint of celebration in his voice. Instead, he took a serious tone.

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European stocks struggle

January 31st, 2008 by admin

Europe's leading exchanges fell in opening trade as the financial sector suffered a renewed bout of weakness on credit concerns, in a market that is also digesting the implications of a Federal Reserve decision to cut US interest rates twice in nine days.

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Fitch downgrades bond insurer FGIC

January 31st, 2008 by admin

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Long-term bonds slip after Fed cuts rates

January 31st, 2008 by admin

Treasury prices edged lower Wednesday afternoon after the Federal Reserve announced its decision to lower interest rates in response to growing fears of a U.S. recession.

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The Fed’s stagflation fear

January 30th, 2008 by admin

Uh-oh. The Federal Reserve's decision at 2:15 p.m. just got a little tougher.

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UBS expects $14 billion housing hit

January 30th, 2008 by admin

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UBS expects $14 billion housing hit

January 30th, 2008 by admin

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Stocks wait for Big Ben to strike

January 30th, 2008 by admin

U.S. stock futures drifted lower Wednesday ahead of another anticipated interest rate cut from the Federal Reserve and a report on economic growth that will be closely watched amid concerns of a looming recession.

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