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All Posts Tagged With: "global stocks"

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GDP Number Not an All Clear for Recovery

The big story in markets today is going to be the US GDP number. It was up 3.5% in the third quarter, according to the U.S. Ministry of Commerce…

October 30th, 2009 | Dan Denning | 16 comments | Continued
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NAB Says Big Four Can’t Refinance Property Debt Without Government Help

Now we’ll find out if the 20% rally in global stocks was simply short covering and misplaced optimism, or the tentative first steps to a world-wide recovery. You know our thoughts on the matter. But the trouble with inflation is that it distorts choices and causes a man to believe that he can have more than is really possible.

April 21st, 2009 | Dan Denning | 12 comments | Continued
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