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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (35575)	8/19/2005 2:30:38 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Goldman Sachs sees oil above 60 usd for five years - report Friday, August 19, 2005 6:03:49 AM afxpress.com LONDON (AFX) - Goldman Sachs, one of the biggest financial traders in the commodities sector, expects US benchmark oil prices to remain above 60 usd a barrel for the rest of the decade, the Financial Times reported In a report issued yesterday, the US bank says prices are not high enough to stimulate oil companies to invest more of their swelling cash reserves in new energy infrastructure

To: Chispas who wrote (35575)	8/19/2005 2:36:32 AM
From: mishedlo	Read Replies (1) \| Respond to of 116555

U.S. jobless claims up 6,000 to 316,000 Thursday, August 18, 2005 12:45:31 PM afxpress.com WASHINGTON (AFX) -- First-time filings for state unemployment benefits rose by 6,000 to a seasonally adjusted 316,000 last week, the Labor Department said Thursday. This is the highest level since the week ended July 9. The increase was larger than expected. Economists surveyed by MarketWatch were expecting claims to rise to about 310,000 from the initial estimate last week of 308,000. The four-week average of new claims rose by 2,750 to 312,750. Continuing jobless claims, meanwhile, jumped by 28,000 to 2.59 million