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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The GuardianBOE Voted 8-1 on U.K. Stimulus in 'Finely Balanced' DecisionBloombergBank of England policy maker David Miles maintained a lone push for more stimulus for the economy this month as several officials said their decision not to join h...
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Daily BeastEscaping the Historical Parallels of European Economic ChaosHuffington PostAnd what of the US role in the European debt crisis? In the aftermath of World War I, the United States supported the Treaty of Versailles and thereby helped set the ...
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DAWN.comCrude down, hits biggest 3-week loss since Aug '11Reuters| NEW YORK (Reuters) - Crude oil futures fell more than 1 percent on Friday, down for the sixth straight session, as worsening problems in Greece and Spain raised worries of contagion...
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AFPLondon stocks drop at open on eurozone crisis fearsAFPLONDON — London's benchmark FTSE 100 index sank in opening deals on Friday as investor sentiment was rocked by a ratings downgrade for Greece and also for 16 Spanish banks, ahead of a cruci...
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The Moral LiberalGold rallies on technical buying; dead-cat bounce?CNBC.comNEW YORK (Reuters) - Spot gold rallied more than 2 percent on Thursday for its largest one-day gain since late January, as technical buy signals and new signs of a sluggish US e...
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Moneycontrol.comUS STOCKS-Wall St falls on euro zone concernsReuters* Trading volatile after news on Greek banks, ECB * Fed minutes leave open stimulus possibility * US housing, production data point to recovering economy * Dow up 0.03 pct, S&P off...
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Investors want to see more stimulative fiscal policies from governments around the world, due to more fears about the Greek economy, according to the latest BofA Merrill Lynch survey of global fund managers. A net 23% of investors surveyed earlier this month said fiscal policy is “too restrictive,” up from a net 11% in...
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CBC.caFOREX-Euro dips on weak PMI but focus on US jobsReuters* Euro dips after weak euro zone services PMI * US jobs data in focus, could weigh on dollar if weak * Euro vulnerable before elections in France and Greece By Jessica Mortimer LONDON, May 4 ...
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CNBC.comBond yields are going to surge! Eventually?CNNMoneyBy Paul R. La Monica @lamonicabuzzMay 2, 2012: 1:43 PM ET How low can rates go? Investors are still flocking to long-term Treasuries despite economic weakness. That's because US bonds still...
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Irish TimesAsia stocks rise on hopes of new Fed stimulus moveNorth County Times2 hours ago • AP Asian stock markets rose Monday in holiday-thinned trade as sluggish US growth figures boosted hopes for more measures from the Federal Reserve to help th...
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Moneycontrol.comEuropean Stocks May Edge Higher On Fed Stimulus HopesNASDAQ(RTTNews.com) - European stocks are set to open higher on Monday, as weaker- than- expected US GDP figures spurred speculation that the Federal Reserve will loosen monetary poli...
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Asia Stocks Rise on Hopes of New Fed Stimulus MoveABC NewsAsian stock markets rose Monday in holiday-thinned trade as sluggish US growth figures boosted hopes for more measures from the Federal Reserve to help the world's No. 1 economy. South Korea...
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All day, the MSM trolled out all the dynamite talking heads types, saying that a 2-3% correction is healthy, blah, blah and now the Fed can add stimulus. All day, you see words like rescue, followed by some lobbyist functionary talking his trade. This mantra has gone beyond merely obscene and feels like one...
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A full trading day after the release of the Fed minutes has brought us some reasonably significant changes in market levels. S&P –1.5%, Gold – 3.5%, Crude –1.5%. Apparently, the confirmation that it is on hold surprised the market. (link)
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Durable goods orders rose 8.7% In February versus January on a nominal, not seasonally adjusted basis. The mainstream media reported only the 2.2% seasonally massaged increase, which missed the consensus expectation of 2.9%. The actual, unadjusted increase was the best February gain since February 2004, so the actual data could hardly be read as...
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Two minute Radio Free Wall Street clip. Although the Fed’s Bullard is largely irrelevant as a voting member of the Fed, what he says is not. He said the central bank is on pause, and more stimulus is not currently warranted. On the balance sheet, Bullard commented that the Fed has taken substantial risks and he...
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By Phil of Phil's Stock World This chart from the NYTimes pretty much says it all: The average annual inflation-adjusted return for the S&P 500 has been in decline since the late 90s, the decline only paused in the 00s and that fooled us into thinking it was a recovery...
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Welcome to 2012, the third act of a tragic play. As an investor, you have a part in it.
So, if you haven't been paying attention to character development or lost sight of the plot, you're going to be frozen onstage when it's your turn to act.
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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For once, what I found most interesting about yesterday wasn't the charts. It was the push that suddenly materialized from the Fed to assure the market that the stimulus guns were ready, and loaded for bear. I found that quite unusual, because th...
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SPX and BKX Update: Next Move Should Be Lower
While virtually every technical analyst on the planet is watching the bullish triangle "continuation pattern" that's been forming in the indices all month, I have stated on several occasions that I don't think it's real. After studying ...
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