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Q3 Revenues For Business TV Anchors
Judging from the market's reaction (which after all is the only thing that counts apparently), we have little to fear but fear itself - especially when it comes to real fundamental earnings. However,...
View ArticleSwedish Labor Union Seeks To Set Monetary Policy - Demands Lower Rates,...
Forget Chuck Schumer's cat-out-of-the-bag 'get back to work' comments to Bernanke, now it is union-leaders who are advising the world's central bankers. "There is a not a single reason not to lower...
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Thong-Hungry Throng Of Teenage Girls Crash Victoria's Secret
No, this is not a screaming herd of wild teenage girls awaiting the arrival of Justin Bieber or One Direction - this is Black Friday at a Victoria's Secret in Kansas... amazing that America has come to...
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Is An 18% JPY Devaluation The 'Best-Case' Scenario For Abe's 'New' Japan?
The JPY dropped 1.3% against the USD this week for a greater-than-6% drop since its late-September highs as it appears the market is content pricing Abe's dream of a higher inflation-expectation...
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Guest Post: Be Careful Jumping On Bernanke's Bandwagon
Via Lance Roberts of StreetTalk Live,This past Tuesday all eyes were on Bernanke as he gave his speech at the Economic Club in New York. Initially the markets sold off as no mention of further easing...
View ArticleWeekly Bull/Bear Recap: Turkey Week Edition, 2012
Via Rational Capitalist Speculator,This objective report concisely summarizes important macro events over the past week. It is not geared to push an agenda. Impartiality is necessary to avoid costly...
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Will LGIVs Be The 'Straw' To Break China's Credit-Fueled Growth 'Back'?
We presented a detailed look into China's credit bubble earlier this week and why serial-extrapolators may well have to adjust their strategy calls sooner rather than later; but the more we look around...
View ArticleLehman Brothers Rears Its Ugly Head In Germany
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterAnother Lehman Brothers kerfuffle has erupted, this time in Germany, in broad daylight. With a stunning amount: up to €800...
View ArticleShuffle Rewind 19-23 Nov " The Only Way Is Up " (Yazz, 1988)
Shuffle Rewind 19-23 Nov " The Only Way Is Up " (Yazz, 1988)Music LinkThis week in review (compared to Fri 16 Nov COB):Click on day for related post, on title for song.If the prior week was marked by...
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Goodbye Petrodollar, Hello Agri-Dollar?
When it comes to firmly established, currency-for-commodity, self reinforcing systems in the past century of human history, nothing comes close to the petrodollar: it is safe to say that few things...
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Russia Sends Warships To Gaza Coast
For the entire 8 day duration of Operation Pillar of Defense, there was one major geopolitical player who had been largely quiet and certainly absent from the scene: the same player whose unflinching...
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Japan's Population Now So Old That Sales Of Adult Diapers Exceed Those For...
As we noted in 2009, Japan has an incredibly old population ... which will put an increasingly heavy burden on the economy:Franco Modigliani won the Nobel Prize in Economics 1985, partly for his “life...
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On The Myth Of Ireland's Debt Sustainability
Ireland is continually held up as the poster-child for austerity-driven 'aid' and how the European Union can successfully manage an economy through a depression with no real pain for bankers....
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"Survival Of The Fattest": It's A Fat, Fat World After All
Back in March, we first presented a rather stunning finding: by 2020 75% of Americans will be obese or overweight. This was promptly followed up with a post showing just how it is transpired that...
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Chart Of The Day: LEI - Leading-To-Lagging Ratio
Via Lance Roberts of Street Talk Live,While the general consensus from the media, and the majority of analysts, is that the U.S. economy will avoid a recession - there have been numerous indicators...
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The Greek Debt Buyback 'Boondoggle' - Questions Answered
The last few weeks have seen the market increasingly price in the probability of a Greek debt buyback. Following this week's 'failed' Eurogroup meeting that chance has risen even more as leaked details...
View ArticleMontana GOP Rep.: "Pay Me In Gold Before Dollars Have No Value"
Jerry O'Neil, six-term GOP state representative in Montana, has asked to receive his salary (which at $10.33 per hour is around $1800 per month) in gold or silver. The long-standing legislator was...
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Retailers Blame Drop In Black Friday Sales On Black Thursday
With all bad news on the tape now having a suitable "explanation", be it a prior president, a tropical storm, the weather being too hot, the weather being too cold, the weather being just right, but...
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Fiscal Cliff Update: 'Little Progress Toward A Compromise In Past Ten Days"
Two Fridays ago on November 16, just as AAPL was in danger of plunging below the absolute last support level of $500 after which freefall for it and the entire market begins, a truly unexpected deus ex...
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PRoPA-GaNGNaM STYLe EXPLaiNeD...
Gangnam Style is now the most watched youtube, and PSY is one cool dude. This video is actually subversive as well as viral. Gangnam is the most affluent district in Korea. Looking for all that Samsung...
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