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Greenspan Says Unemployment Will Jump

Discussion in 'Fundamental Analysis' started by ActionForex.com, Oct 23, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Poor profit and economic reports hurt the sentiment on equity markets and was supportive for the dollar. Allan Greenspan, testifying before Congress, said stabilization of U.S. housing markets, a necessary precondition for the economy to heal, is "many months in the future," and that he expected the unemployment rate to...

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