What Percent Of Medical Insurance Does Your Company Pay?

January 23, 2010
Posted by benny

I’m interested to know what percent other companies pay of employee medical health insurance. I did not find any published surveys.

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Why Isthe British Pound On Fire In The Forex Market?

January 23, 2010
Posted by benny

For those who follow foreign currency, the British Pound has been on a tear and for the first time in modern history the Pound will double the value of the US$, currently it is at 1.9921 US$. I am not complaining of course, I made good money today going against the US in favor of the British but I was wondering:
1, Why has the GBP been on a tear?
2. When will the US fight back against the British?
3. How will this affect the Euro as the value of the US$ has hit an all-time low against the Euro? (1.35 US$)
4. How long should I keep shorting the US$ before the US finally decides to fight back against the British and the European market, and when it does, will the rally be juicy enough to start buying the dollar again?

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Will The Upcoming G20 Meeting And Talk Of A World Currency Destroy The Forex?

January 23, 2010
Posted by benny

Quite interesting question peter,
While searching the G-20 updates i encountered some vital information and quite interesting blog posts. I believe this week will see the leaders of the top 20 industrialized nations gather in London for the G20 (+EU) conference. Expect tepid trading until the conference begins and perhaps several volatile sessions as the leaders of the richest nations on earth try to come to some agreement on how to solve the economic crisis. The US and Great Britain, arguably the hardest hit so far, are lobbying for a 1.7 Trillion Dollar global stimulus package that is not favored by France and Germany to name a few. As the situation in England becomes worse and America’s debt grows, many leaders are questioning the affect of a severe increase in spending as it has so far done little to quell the crisis in countries that have employed this policy.
And the erratic trading on the dollar and pound have proven that there are many skeptics out there with regard to the G20 and what it will produce. Aside from some smiley pictures, a few days in cloudy London and some good old Scotch, what can these leaders say they came home with? I do not believe they will come home with much.

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