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Destroying The Myths Of Bernanke's Brave New World Of QEtc.
Entering the final quarter of the year, Lacy Hunt and Van Hoisington (H&H) describe domestic and global economic conditions as extremely fragile. New government initiatives have been announced,...
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The Tax Facts: "You Do The Math"
As UBS reported said, in both the Republican primary and the general election campaigns in 2012, various Presidential candidates in discussing taxes have recommended that voters "do the math" in...
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The Muni-Bond Buyer's Election Guide
The muni market is not yet fully pricing in potential negative outcomes around tax reform, for which both candidates propose reforming tax rates and treatment of investment income, including muni...
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Is This The Chart The Bulls Are Banking On?
The period from 2003 to 2008 has been nicknamed 'The Great Moderation' as credit spreads collapsed close to zero, free-wheeling securitizations flooded the market with liquidity which repressed every...
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The Pre-Debate Malarkey: Drinking Game And Why The Election Should Not Be For...
The battle lines are set; the VeePs have stepped in (we laughed and we grimaced); and now its time for main-event. In preparation for this evening's Town-Hall style debate, we present the...
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Obama-Romney II - The 'Tumble In The Town Hall' Debate - Live Webcast
This is the real thing. Forget the Thrilla-in-Manilla or the Rumble-in-the-Jungle, tonight's no-holds-barred, no-truth-spoken 'Tumble-in-the-Town-Hall' debate promises much (but will likely deliver...
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Why Intel Better Not Be Economic Bellwether This Time Around
For those who missed it earlier, Intel reported results that were just slightly better than expected, and yet the stock tumbled over 3% after hours. The reason is because despite a weak quarter which...
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Debate Post-Mortem: Jobs-4-Jeremy, Gang Bangers, And Candi(e)d Fact Checking
Well, who knew it was gonna actually get close to fisty-cuffs? According to CNN Polls, 65% believe Obama won (with 50% saying by a lot) and 19% that Romney won by a lot. Obama dominated speaking time...
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Extraordinary Popular Delusions And The 'Madness' Of Bond And Gold Markets
Whether its new-fangled Japanese stocks, hi-tech internet company valuations, multi-colored flowers, or mansions made affordable by criminally lax lending standards, Grant Williams notes that a bubble...
View ArticleThe Hunted And The Hated: An Inside Look At The NYPD’s Stop-and-Frisk Policy
Courtesy of Mike Krieger of Libertyblitzkrieg When I came into this police force I wanted to help people, but the civilian population, they’re being hunted. They’re being hunted and we’re being hated....
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Presenting All The US Debt That's Fit To Monetize
Over the past 4 years the Fed's strategy in response to the Second Great Depression has been a simple one: purchase record (and now open-ended) amounts of fixed income product (offset by releasing...
View ArticleMore On the Spanish Straw That Will Break the Euro's Back
My prediction regarding the breakup of the EU was obviously way early. However, the fact remains that the EU will break up in time. And it will likely be Spain that brings this about. The...
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Guest Post: The Mechanics Of Transitioning To The Gold Standard... And Why It...
Submitted by Martin Sibileau from A View From The Trenches The Mechanics Of Transitioning To The Gold Standard... And Why It Won't Happen (pdf) Today we retake the discussion left two weeks ago, on a...
View ArticleShuffle Rewind 15-19 Oct " Lucy In The Sky with Diamonds " (The Beatles, 1967)
Shuffle Rewind 15-19 Oct " Lucy In The Sky with Diamonds " (The Beatles, 1967)Music Link This week in review (compared to Fri 12 Oct COB):Click on day for related post, on title for song. Last week...
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Investor Sentiment: Unwinding
Investor sentiment hit a bullish extreme when the Federal Reserve announced QE3 6 weeks ago. Sunny skies and clear sailing ahead were proclaimed by all those who only know one thing: how to be bullish....
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Guest Post: Narcissistic Consumerism And Self-Destruction
Submitted by Charles Hugh Smith from Of Two Minds Narcissistic Consumerism and Self-Destruction Health is horribly unprofitable; illness, anxiety and alienation are highly profitable. That is the...
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In Progress: Heavy Gunfire, Prime Minister Office Stormed In Beirut
Yesterday we made it very clear why with the Turkey provocation avenue to further Middle East escalation rapidly closing, the one pathway left is Lebanon. Sure enough, today the escalation playbook is...
View ArticleQBAMCO On Nominalists, Realists, And The Madness Of 'Chicago Plans'
The blinding nominal light of a Dow Jones Industrial Index near pre-crisis highs is enough provocation for most of the well-assuming US citizenry to 'believe'. Ahead of the third and final Presidential...
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Bernanke Set To Unveil Number Larger Than "Eternity"
It was just over a month ago that the Chairsatan formalized the incorrect named QE 3, aka the open-ended QEternity, whose purpose, for now, was to increase the Fed's balance sheet by $40 billion/month...
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