A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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msnbc.comSo much for 'the Spanish dream': Euro crisis turns suburbs into ghost townsmsnbc.comToday, it is one of 12 near ghost towns in Spain, a country that -- despite being the European Union's fifth-largest economy -- is teetering on the...
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Moneycontrol.comHedge Funds Circle as Japan's Asset Bubble GrowsBloombergIt's limbo, Japanese-style: How low can bond yields go without triggering a meltdown? This question gains urgency as 10-year government yields disappear before the world&#...
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(via AFP) As investors and European leaders big and small tot up the potential cost of Greece departing the euro, the European Union too stands perilously close to meltdown after six decades in the making. Weeks ago still an elephant in the room, Athens’ looming exit from the club of 17 nations sharing the...
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Europe on journey to the unknown if Greece exits (via AFP) As investors and European leaders big and small tot up the potential cost of Greece departing the euro, the European Union too stands perilously close to meltdown after six decades in the making. Weeks ago still an elephant in the room, Athens’ looming...
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by Peter Orszag “In a speech last month about the financial crisis, Federal Reserve Chairman Ben S. Bernanke trenchantly noted that the initial losses from the dot-com bust were about the same size as those from the housing meltdown — yet the two episodes had very different economic consequences. What Bernanke didn’t say was...
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It seems that my latest edition of Insights & Indictments was warmly received by the bullish crowd, many of whom reached out to me to thank me for my optimism.
I'm sorry to burst your bubbles, but I am not a ragi...
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It seems that my Thursday edition of Wall Street Insights & Indictments was warmly received by the bullish crowd, many of whom reached out to me to thank me for my optimism. I’m sorry to burst your bubbles, but I am not a raging bull (but thank you for asking). In fact, I’m still bearish. There’s a...
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It's been a rough few weeks for the Eurozone.
Portugal is still in trouble, Spain will be back on the coals after its elections, and if I were a bond trader, I would be shorting Belgium, which has serious defic...
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Tracking foreign central bank (FCB) holdings of US Treasury and Agency (Fannie, Freddie, and minor government agencies) paper has been one of the most important lines of inquiry in my analysis of market liquidity for the past 9 years. This information is available virtually in real time each week in the Fed’s weekly H41...
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Sometime over the next week or so, you may remember this article and decide that I'm crazy (assuming you haven't already). The market's job over the near future is to convince you that the rally will go on forever, so you may start to t...
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Purchase mortgage applications rose 6.4% last week according to the Mortgage Bankers Association and major media outlets. As always, the media report only the seasonally adjusted data fed to them by the MBAA. Rarely should a week to week change have any seasonal effects, although last week would be an exception because the week...
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Two weeks ago I began to report to subscribers of the Wall Street Examiner Professional Edition Fed Report that foreign central banks (FCBs) had begun to engage in unprecedented levels of disgorgement of their massive holdings of US Treasury and Agency paper. Prior to this year, the FCBs had typically absorbed the equivalent of...
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Is the Dexia mess the start of a new financial crisis?
Posted by Michael Schuman Tuesday, October 4, 2011 at 9:20 am
In the clearest indication yet that Europe's sovereign debt crisis is morphing into a wider, financial sector crisis, a big European ...
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Quicky from FTAlaphavile -
1. - Ando | September 23 3:39pm it's still a long grinding stagnation story against a backdrop of global deflation, this is just one of the dramatic interludes
2. -
SilverFox | September 23 3:41pm | @ando mayb...
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The European bank panic, not the Fed’s action, is sending a tidal wave of cash into the Treasury market, causing yields to crash. That sends a false signal which motivates (or forces) investors to sell equities and causes them to infer from the FOMC statement that the Fed expects severe economic weakness. The Fed...
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..Apocalypse Now? Markets Tumble as Europe Approaches “Tipping Point”
..By Aaron Task
Global stocks and commodities tumbled Thursday amid a string of disappointing conomic reports and fears of meltdown in Europe's banking system.
"The rapidly bu...
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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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Reuters Cooling facility stops at Fukushima No. 5 nuclear reactor http://t.co/gTLXyKO
W7VOA TEPCO reports trouble with Reactor 5 cooling system at #Fukushima-1. Utility says hopes to fix it within hours, no meltdown threat.
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WASHINGTON – A growing number of Americans can't afford a home or don't want to own one, a trend that's spawning a generation of renters and a rise in apartment construction.
Many of the new renters are former owners who...
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Last week in the NY Times he stated that we are suffering from the obliteration of the factual based that allows a capitalist system to function. Whether it is inflation numbers or employment stats, it is all bogus. I just happened to notice GM pricing...
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Here's the letter from one of Mauldin's readers. Click on the link for Mauldin's response...
".... I would like to get something off my chest. I would like to know why you seem to side with those analysts who keep telling us that the only way we ...
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SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2.
Revolutions build over long periods — to...
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The US stock market shook on Monday, but there was no meltdown. That does not mean that the danger has passed. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will...
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Japan’s worst nuclear accident in at least 33 years has compelled China and India to review plans for atomic energy that were set to provide a boon for suppliers including Areva SA (CEI) and General Electric Co. (GE)
The potential meltdown at a nu...
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ET The market bounced where it had to in order to prevent a meltdown on Friday. Key support lines bent but didn’t break.
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Awesome interview just now on PBS
Transcript available, later Friday 25th. Former SEC chief accountant Lynn Turner talked straight, and it's really hard to duck the implications. Guy says 1000 prosecutions after S&L crisis, vs. just 39 after the 2008 meltdown. Says prosecutors, at...
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