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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Time and again you hear pundits say that what the U.S. experienced in the last decade was a terrible boom/bust cycle for the housing and credit markets. But then, almost in the same breath, they oftentimes say the nation must do whatever it can to g...
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October 4, 2011
New York State Says Bank Cheated Pension Funds
By ERIC DASH
New York’s attorney general accused Bank of New York Mellon on Tuesday of cheating state and municipal pension funds nationwide out of nearly $2 billion in foreign exchange ...
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SAN LUIS OBISPO, Calif. (MarketWatch) — Warning: 91% of America’s financial planners are pushing clients into riskier investments, according to a new Financial Planning Association study on “Alternative Investments.” Get it? In today’s hig...
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At first glance the political landscape for the Republicans seems littered by me-too white bread clowns. However, I have a hunch there is a new candidate who bears watching, not so much as the eventual nominee but as someone who could heavily influence the discourse. Although I sense nothing short of revolution and hitting the streets...
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Not that this isn't a little late to ask, but WHERE THE HELL ARE THE ADULTS, RUNNING THIS COUNTRY?!
I suppose it's idiotic, after all the crap that's gone on in the last decade, to be surprised by any of this.
Count me as 'headed towards 1' on Eric J...
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For the better part of a century the foundations for a semi-comfortable retirement for many Americans have rested on the financial pillars of rising real estate and equity prices, positive real interest rates on savings, the continued solvency of...
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From Salon:
"As everyone who follows news about energy knows by now, in the last decade the technique of hydraulic fracturing or "fracking," long used in the oil industry, has evolved to permit energy companies to access reserves of previously-unrecov...
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Of the many asset classes to be victimized by the end of cheap energy, residential real estate is perhaps the most vulnerable. A call option on future wage growth, and, leveraged to our liquid-fuel based transport system, housing in North America is...
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Since early 2009 (when the U.S. stock bull market began), the U.S. dollar has collapsed. The Brazilian real is up 56%, from 41 cents to 64 cents. The Canadian dollar is up 35%, from 78 cents to $1.05. The Swiss franc has also risen 35%, from 85 cents t...
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Bloomberg link
Excerpts:
Germany sold goods worth 5.4 billion euros ($7.7 billion) to China including Hong Kong in December, beating the 5.3 billion euros of exports to the U.S.
While exports to the U.S. reclaimed the top non-European spot in Janua...
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AP link
It's OK, though, we have "hard evidence", according to Roche that MMT is working. Fearing inflation is so old school - live for the moment!
Excerpt:
Clothing prices have dropped for a decade as tame inflation and cheap overseas labor helped...
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The year 2011 is the year when inflation will play the role of wrecking ball. It seems to threaten everything from emerging markets to the pretty earnings narrative of the market as a whole.
I use the term “inflation” here as the man on the st...
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December 11, 2010
One Corner of Stocks That Fared Just Fine
By PAUL J. LIM
AFTER a four-month stock market rally, some investors are starting to wonder if equities could be on the verge of finally outshining bonds.
That is a valid question if you ar...
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Because of pricks like this. Stoopid Award Winner oi the year Cody Willard and Jimmy Jonestown Massacre Cramer. “And by coming app bubble, I mean that we are talking about the biggest revolution we’ve seen since Internet bubble in the 90s. I’...
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Putting Money on Lawsuits, Investors Share in the Payouts
Large banks, hedge funds and private investors hungry for new and lucrative opportunities are bankrolling other people’s lawsuits, pumping hundreds of millions of dollars into medical malprac...
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ROISEPTEMBER 29, 2010.You Should Have Timed the Market
By BRETT ARENDS
Everybody knows the last decade on Wall Street was a poor one for investors.
Turns out it was even worse than we thought.
A remarkable new study from TrimTabs Investment Rese...
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First off, bears are "dead" with the RIMM earnings announcement. The "Bubble Playbook" is probably in the 5th inning and has more room to run. I know this is a tough time for bears but as I have seen many times in the last decade, when this ends it wil...
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The long overdue fraud charges against Goldman Sachs is the lead story, but first another report about how throughly corrupt
and lazy US regulators such as the SEC have been over the last decade. The SEC inspector general now says examiners concluded four
times from 1997 to 2004, that Texas Ponzi financier Allen Stanford was running...
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by Sudaca September 2 (Stool Pigeons Wire) – Corporate bonds have been the biggest receivers of funds from the money market mountain. Investment Grade credit spreads have tightened significantly this year, but are still historically high. At least that has been the mantra these last few months.
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Bloomberg did a hit piece on Roubini today by one Whitney Kisling. The article also praised Laszlo Birinyi for getting the 1990s right, and quoted one money manager as saying we should only listen to money managers, and not analysts. As if those money managers aren’t publicly talking their book, using the media as...
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Two tourists met a bear and one ran. Another said: “you can’t outrun the bear”. The first one said: “I don’t have to outrun the bear, I just need to outrun you”.
That’s my impression on what the Detroit carmakers were doing all the last decade. The hope was to wait until one of them...
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