I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
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Gingrich tax 'plan' starves government, feeds the wealthy, rests on flawed assumptions
Angry Bear Blog|Dec. 14, 2011, 8:41 AM|55|1
by Linda Beale
In case you hadn't heard about it, Gingrich would offer taxpayers a choice to pay tax under current polic...
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Analysis: Earnings outlook may be deteriorating rapidly
Reuters – Fri, Dec 2, 2011 6:29 PM EST.. .
By Ryan Vlastelica
NEW YORK (Reuters) - Earnings season is just over a month away, but the early signals are not comforting.
Companies cutting fore...
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NAR will revise down their estimates of existing home sales
The National Association of Realtors, which publishes the monthly report on sales of previously occupied homes, said it will release revisions to home sales for 2007 through 2010 and for the...
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Shock waves from MF Global collapse felt on farms
By Steve Karnowski
Associated Press / December 4, 2011
MINNEAPOLIS—The shock waves from the collapse of commodities trading firm MF Global Inc. are hitting hard across rural America, where farmers,...
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Goldman Sachs is out with its first predictions for how 2012 and 2013 will shape up, and the news isn't all that thrilling.
Led by Francesco Garzarelli in London and Dominic Wilson in New York, the team set out to forecast what markets, currencies, ...
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Wealth-X, the global intelligence, prospecting and wealth diligence company, today released the World Ultra Wealth Report 2011, offering a groundbreaking one-by-one analysis of individuals with a net worth of at least US$30 million. ...
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Disgruntled American workers have yet another reason for pessimism: At the current rate of job creation, the U.S. unemployment rate will not fall back to "normal" levels - below 6% - until 2023.
Through most of this year the U.S. economy has managed to create about 119,000...
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Update: Holy cow.
Total collapse!
The Philly Fed index just came in at -30.7, an epic drop form the +3.2 we saw last month.
Estimates were actually for it to go somewhat higher to +2.
The situation confirms the bad news we got earlier this week...
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The following is from economist Tom Lawler. He points out that the homeownership rate in April 2010 was significantly lower than previously thought. Tom also notes that the age adjusted homeownership rate was lower in April 2010 than in April 1990! ...
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Might be a reason for that what the f@#$ rally from hell Lime Juice 2 opined in the post below.
DUD110526.pdf (140.37K)
: 5
QuoteForeign-sourced earnings have pushed developed-market profits to above-average levels. Part of this reflects the ...
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Virtually all American citizens - not just the wealthy - are paying less in taxes than at any time in history. Yet the chorus of "We're paying way too much in taxes" has never been louder.....
WASHINGTON -- As millions of procrastinators scramble to ...
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I am not familiar enough with nuclear reactors to comment. However, I am familiar enough with the oil and gas business to comment on the reporting regarding last summer's oil spill.
Recall, the estimates of oil being released from the well at as high...
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The 401(k) generation is beginning to retire, and it isn't a pretty sight.
The retirement savings plans that many baby boomers thought would see them through old age are falling short in many cases.
The median household headed by a person aged 60...
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From the Daily Mail (UK)....Click on the link to check out the satellite photos....
The ghost towns of China: Amazing satellite images show cities meant to be home to millions lying deserted
These amazing satellite images show sprawling cities bu...
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largest investment in a military base in the western Pacific since the Second World War
http://www.telegraph.co.uk/news/worldnews/australiaandthepacific/guam/8085749/
US-to-build-8bn-super-base-on-Pacific-island-of-Guam.html
The expansion will includ...
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Red sky at night, sailors’ delight. Red sky at morning, sailors take warning! I believe economists have estimates that are far too high for the US (and global) economy. There are signs that a major new downturn began in May and into June. ...
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PBOC mucky muck Zhu Min chimes in on what he considers a major risk,
âTo me, the big risk this year is the dollar carry trade,â he said. âIt is a massive issue. Estimates are that the dollar carry trade is $1,500bn â which is much bigger than Japanâs carry trade was.â
This week was a big week of Treasury auctions, with $54 billion in new supply. The vast majority of that won’t settle until next week, and $40 billion of it was in short term paper. So the bond market is getting a huge break this week and next. Even though the Fed buying will...
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The new TBAC estimates for this quarter and the next are out today. http://wallstreetexaminer.com/2009/08/05/tbac-report-dont-worry-be-happy They boyz are a lot less gloomy this quarter than they have been in the past couple of years as they took note of the fact that they were able to reduce their borrowing estimate for this quarter by $36...
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The market got a huge gift from the US Treasury this week in the form of a $23 billion debt paydown. That cash put a bid under stocks and exacerbated the panic into Treasuries. The Treasury faces $40 billion in CMB expirations next week, and so far, there’s no announcement that they will be...
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