WASHINGTON (MarketWatch) — The unemployment rate is expected to rise to 8.5% by the end of next year and inch even higher in early 2010, economists for Goldman Sachs wrote Friday. The cumulative trough-to-peak increase of more than 4 percentage points in the jobless rate would be the most since World War II, they said. [...]
Does anyone else understand technical market analysis? The Dow fell massively last week, below all moving averages and well outside Bollinger over the last 2 years. It was not surprising to see some upward adjustment to get back in a reasonable range. But let’s not fool ourselves. The trend has been steadily downward since October [...]
Crude oil gains, boosted by dollar weakness
By Polya Lesova, MarketWatch
Last Update: 9:08 AM ET Apr 14, 2008
NEW YORK (MarketWatch) — Crude-oil futures rose early Monday, propelled higher
by the dollar’s decline against other major currencies after a statement from the
Group of Seven failed to bolster the greenback.
Crude oil for May delivery gained 90 cents at $111.04 [...]
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