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Daily Archives: June 1, 2009

Blue hills

Nintendo May Have To Cut Wii Price To Keep Its Lead

Nintendo is facing more competition for its remarkably successful Wii and DS products. Microsoft (MSFT) and Sony (SNE) are both coming out with consoles that appeal to the casual game ...
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Water lilies

Improvement In China Exports May Indicate Strength In Other Emerging Markets

New data from China shows that its manufacturing sector is more stable than it has been in a year and that exports are moving up very modestly. According to Reuters, ...
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Winter

The Economy: Another Page Out Of The Worst Case Scenario Handbook

Robert Zoellick, the head of the World Bank, recently said that the current efforts to right the world’s economy are wholly inadequate. It is a position in which he has ...
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bank

A $1 Trillion A Year Deficit Interest Rate Payment

Like the Texas Hold’em player who pushes every last dime into the center of a poker table, the federal government is now “all in” with its commitment to push the ...
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bear

The Death Of The UAW

The UAW under Walter Reuther was arguably the most powerful union in the United States negotiating contracts with all of The Big Three on what became a pre-set cycle. Reuther ...
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newspaper

Media Digest 6/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   GM (GM) will file for Chapter 11 today. Reuters:   Geithner told China its dollar assets are safe. Reuters:   A judge approved the sale of most of Chrysler's assets to ...
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Sunset

Asia Markets And Europe Open 6/1/2009

Markets in Asia were sharply higher. The Nikkei rose 1.6% to 9,678. The Hang Seng was up 3.5% to 18,803. The Shanghai Composite rose 3.4% to 2,721. At the open ...
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