Can President Obama talk his way out of a crisis?
He is the master orator. But President Obama is going to have an uphill task if he thinks market confidence can be revived for long by a fire-side chat this week. And anybody stupid enough…
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Spot the dead cat bounce on the Dow!
The Dow closed up 10 per cent last week and might go higher this week before this dead cat bounce comes to a stop. That is the way of bear markets. They plunge. They rebound…
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What's going to happen to the UAE media?
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Over the years I have asked this question many times on many media, and occasionally predicted the end of the road for expansion. And yet the sector has…
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Qatar world's fastest growing economy in 2009
Despite the falling price of oil Qatar is still on track to be the world’s fastest growing economy in 2009, according to the latest IMF review.
Production of LNG and gas products is expected to…
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China seems to be gaining despite collapse of global trade
The latest statistics for global trade are very alarming. Chinese exports fell 26 per cent in February. Exports from Japan by 46 per cent. UK exports fell 16 per cent in January. And Dubai Chamber…
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CNBC and Cramer bashed on CNN
Nobody gets it right all the time but there is some justice in calling commentators to account!
Gold, oil and softs shine at Hedge Funds World
Gold, oil, agricultural land and soft commodities emerged as the top tips from this year’s 10th annual Hedge Funds World Middle East, a rather sparsely attended event whose participants had been badly battered by the…
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US stocks rally, where next for the Greater Recession
Yesterday the Dow rallied by 5.8 per cent, its best rally this year and a welcome relief from the 21 per cent slump in stock prices since the inauguration of President Obama.
But at the…
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Marc Faber on buying gold juniors and a US rally
Marc Faber has recommended buying smaller gold producers as a way to leverage a rising gold price. Watch also his prediction of yesterday’s rally in US stocks, before it happened. This guy is…
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Buffett speaks out on CNBC
The Sage of Omaha seems to be pulling back from his decision to buy stocks four months ago and is waiting for the bottom.
