Richard Wainwright, CEO at Clarkson Black Associates in Seattle noted Wednesday Retail data for September sales edged up, Americans spend slightly more in September, holiday forecasts mildly positive.
Richard Wainwright, CEO at Clarkson Black Associates in Seattle noted Gold prices surged to record highs Tuesday as investors rushed into the safe-haven asset on global currency problems and a weaker dollar.
U.S. stocks fell in light trading on Monday as investors took profits on recent gains, using middling economic data and worries about euro zone debt as a catalyst for shedding long positions.
September probably offered little relief in the nation's vexing unemployment problem, setting the stage for more Fed intervention that experts give only dubious prospects for success.
Emerging-market borrowers are on course to sell more bonds than ever this year after yields hit record lows and developing economies rebounded faster from the credit crisis than advanced nations.
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