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The stock market seem to be stabilizing, aided by news that the Federal Reserve will buy up short-term debt in order to get companies financially interacting again. I won't get into the gruesome details, but buying up short term debt (known as commercial paper on Wall Street - a mechanism … |
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Oil is falling again, off $31 from its July high of $148 a barrel, but some analysts think this is bad news. Paul Kedrosky, a strategist at Ten Asset Management sees oil falling more and settling as low as $90 a barrel and takes his case to Tech Ticker today … |
The End.