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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JPMorgan Entangled in Lawsuit AgainZacks.comJPMorgan Chase & Co.'s (JPM - Analyst Report) huge mark-to-market loss of about $2 billion in the first six weeks of the second quarter has intertwined it in numerous troubles. According to Reuters, e...
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(via AFP) Greece began preparing Friday for its second election in just six weeks, amid increasing alarm over the crisis in the eurozone after the savage downgrading of banks in Spain. European stock markets opened lower after heavy losses in Asia overnight, while the euro also lost ground, slipping to $1.2657…
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Greece forms technocrat cabinet to prepare for vote (via AFP) Greece on Thursday unveiled a caretaker cabinet of technocrats tasked with organising the cash-strapped nation’s second elections just six weeks after an inconclusive vote sent jitters across the eurozone. The temporary team led by 67-year-old , the head of Greece’s top administrative court, is...
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JPMorgan Chase chief executive Jamie Dimon will face shareholders’ wrath Tuesday after admitting that the top US bank lost $2 billion in derivatives trading in just six weeks. A day after JPMorgan let its chief investment officer go in the wake of the huge loss and the bank’s shares took another sharp…
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AFPStay In Stocks Or Sell In May?Forbes“Sell in May and go away” is strategy that some investors and traders are likely contemplating right now. The adage is based on the historically weaker performance of stocks during the May through October time...
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My new book "Resistance, Revolution, Liberation: A Model for Positive Change" is now available in the Kindle eBook format.
My summary of our unsustainable system and the pathway to a sustainable economy and society are laid out in my new book,&nbs...
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I look at the political landscape and conclude that we’ve got more of the same in front of us. I think Obama will win, and the Republicans will control the legislative side. For the sake of this discussion, assume that is how it works out.
As of ...
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The bumbling fools in D.C. have done it again. They’ve screwed us all one more time. The low rent morons who are running the show have kicked the can down the road for (get this) two months.
On Saturday the Senate agreed to a bill that would A) ext...
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Oct. 10, 2011, 12:00 a.m. EDT
How Wall Street scammed Mom and Pop — again
Commentary: Investors in this year’s fund IPOs should be protesting
By Brett Arends, MarketWatch
BOSTON (MarketWatch) — The question isn’t why some people are “occup...
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June 5, 2011 weekend update
Most of the major world markets in this series lost ground over the past week, with the S&P 500 suffering the largest decline. The Shanghai Composite managed to eke out a fractional gain, which was a welcome change fr...
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May 27, 2011
Note from dshort: I've updated my Treasury yield charts through Friday's close. The 10-year note yield is at 3.07%, nine basis points below headline inflation, as measured by the CPI. This is the lowest 10-year yield since early Decem...
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May 26, 2011
Note from dshort: I've updated my Treasury yield charts through Wednesday's close. The 10-year yield is at 3.13%, three basis points below headline inflation, as measured by the CPI.
At the point QE2 has less than six weeks to compl...
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May 23, 2011
Note from dshort: I've updated my Treasury yield charts through Monday's close. The flight to quality, continued today, although less energetically than the decline in equities might have indicated.
The 10-year yield is now at 3.13...
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May 22, 2011
Note from dshort: I've updated my Treasury yield charts through Friday's close. The general decline in yields over the past six weeks has become more volatile in recent days, most noticeably in the 2-, 3-, and 5-year notes.
Year-ov...
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May 20, 2011
Note from dshort: I've updated my Treasury yield charts through Thursday's close. The general decline in yields over the past six weeks has become more volatile in recent days, most noticeably in the 2-, 3-, and 5-year notes.
At th...
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It’s odd the way the players pay attention to some numbers and not others. There’s no reason why the market should have been surprised by the ConCon. ABC News does a comprehensive consumer confidence survey weekly that always foreshadows the ConCon. Last Tuesday ABC had this to say:
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