Morning Morsel-Abu Dhabi Rides To Rescue
- Posted by UpsideTrader
- on December 14th, 2009
Abu Dhabi came to the rescue with 10 billion for Dubai and that has eased tensions and futures are on the rise this morning.
Citibank has agreed to pay the government $20 billion to get out from under TARP.
The greenback is retreating from recent highs and Obama sits down with financial “fat cats” one day after verbally throwing them in the wood chipper.
Oil is trading near $69 as OPEC signals no production cut.
Have a great day.
Monday, December 14, 2009
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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