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Interim Update: More hedging
Christopher Galakoutis
Tuesday, November 10 2009 6:39 PM
It is clear that the market has come a long way from its lows in March.  All assets have basically gone straight up, with the US dollar the exception. But we have reached levels that scream out from a technical point of view.  Hitting technical tops, such as 50% retracement levels (i.e.,...

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No new credit bubble = Deflation
Christopher Galakoutis
Friday, November 6 2009 11:11 AM
We read on a daily basis that companies are raising their prices and/or rates, and that this confirms the inflationary bias in the US economy.  One of the latest is Cablevision (link).  But this confirms nothing.  What we have here, in my opinion, is another in a long list of comp...

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