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Greenspan Sees ‘Slow’ Recovery, Is ‘Concerned’ If Stocks Drop

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A drop in stock prices is “more than a warning sign,” Greenspan said yesterday on NBC’s “Meet the Press” program. “It’s important to remember that equity values, stock prices, are not just paper profits. They actually have a profoundly important impact on economic
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Greenspan Sees ‘Slow’ Recovery, Is ‘Concerned’ If Stocks Drop - Bloomberg.com

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A drop in stock prices is “more than a warning sign,” Greenspan said yesterday on NBC’s “Meet the Press” program. “It’s important to remember that equity values, stock prices, are not just paper profits. They actually have a profoundly important impact on economic
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Alan Greenspan says unemployment not likely to fall soon

While the recession is "essentially over," Greenspan said "it's very difficult to make the case that unemployment is coming down any time soon." The former Fed chief spoke on NBC's "Meet the Press" program. The US has lost 8.4 million jobs since the recession, the deepest since the Great

Greenspan Says Unemployment Not Likely to Fall Soon (Update2)

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While the recession is “essentially over,” Greenspan said “it’s very difficult to make the case that unemployment is coming down any time soon.” The former Fed chief spoke on NBC’s “Meet the Press” program. The U.S. has lost 8.4 million jobs since the recession, the deepest
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Greenspan Says Unemployment Not Likely to Fall Soon (Update2) - Bloomberg.com

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While the recession is “essentially over,” Greenspan said “it’s very difficult to make the case that unemployment is coming down any time soon.” The former Fed chief spoke on NBC’s “Meet the Press” program. The U.S. has lost 8.4 million jobs since the recession, the deepest
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Swede truckmaker tops earnings forecasts

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AFP Swedish truckmaker Scania beat analysts' expectations with its fourth quarter results, but stayed vague on its outlook for this year after 2009 proved disastrous for the industry. The company, whose main shareholder is Germany's Volkswagen, reported net profits of 822 million
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Chilean Currency Advances Amid Faster-Than-Forecast Growth

Feb. 5 (Bloomberg) -- Chile’s peso rose for the first time in three days after a report showed the economy expanded in December at its fastest pace in 15 months. The peso climbed 1 percent to 538.55 per U.S. dollar at 4:54 p.m. New York time, from 544.13 yesterday. Today’s advance pared

Canadian Dollar Maintains Channel Formation, May Test 200-Day SMA

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Fundamental Forecast for Canadian Dollar: Bearish - U.S. Dollar Rallies as Risk Appetite Continues to Fade - Business Spending Rises Less Than Expected - Canadian Employment Tops Forecast The Canadian dollar pared the decline from earlier in the week as the economic docket
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Oil Marks a Critical Trend Break as Sentiment Extends its Descent

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North American Commodity Update Commodities - Energy Oil Marks a Critical Trend Break as Sentiment Extends its Descent Crude Oil (LS NYMEX) -  $71.02  //  -$2.12 //  -2.90% After suffering its largest single-day decline since July Thursday, crude would put in for a
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Chilean Currency Advances Amid Faster-Than-Forecast Growth

By Andrea Jaramillo The peso climbed 0.3 percent to 542.45 per U.S. dollar at 9:17 a.m. New York time, from 544.13 yesterday. Today’s advance pared the peso’s loss so far this week to 3.3 percent, the worst performance among 26 emerging-market currencies tracked by