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Dollar rockets higher vs euro, yen on Obama fiscal stimulus plan
Dollar rockets higher vs euro, yen on Obama fiscal stimulus plan
Record-high U.S. budget deficit? Declining corporate earnings? Unemployment likely to rise through at least May? Don't mention those potential scenarios to the foreign exchange, as currency traders sent the dollar rocketing higher versus the euro early Monday, up 3 cents -- an enormous move in ...
I  ♥ Risk
I ♥ Risk
macro-man.blogspot.com — "I ♥ risk". That seems to be the message that Dr. Market is conveying thus far in... 2009. The S&P 500 has already exceeded its maximum gain of 2008, when it briefly traded up 0.23% on the year on the first day of trading before closing down ... (more) I ♥ Risk
Christina Romer on YouTube on the Stimulus Plan
Christina Romer on YouTube on the Stimulus Plan
economistsview.typepad.com — Paul Krugman is pushing for more: More on Romer/Bernstein : Still picking over the Romer/Bernstein official evaluation... of the Obama economic plan. Again, kudos to the team for producing such a clear, honest assessment. But ... (more) Christina Romer on YouTube on the Stimulus Plan
Blog Archive » Senate Dems unhappy with level of energy funds in Obama stimulus plan
climateprogress.org — We don’t have a lot of details on the stimulus, but what is starting to come out... is distinctly unimpressive on the clean energy side. Yes, it is a big deal that Obama said yesterday: “We will double the production of alternative energy in the next ... (more) Blog Archive » Senate Dems unhappy with level ...
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How Industrial ETFs Could Win With Obama
ETF Trends — ... . The dollars’ gains have been seen as superficial and the U.S. currency is expected to fall again, according to analysts. Industrial ETF Industrials ETF Investor optimism about the plan seems evident. Currency traders are sending the dollar up sharply today on the belief the Obama’s plan will help the U.S. economy rise out of the recession, says Joseph Lazzaro for Blogging Stocks . One currency trader says the trading desks are sending signals that they expect the worst of the recession to be over by mid-year. Tags: ...

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