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Markets

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Damn the Torpedoes

Jun 08, 2012 at 13:25

Last week in an interview on CBS Network News, Economist Mark Zandi, the chief economist for Moody's, unwittingly revealed a central error of the global economic establishment. Zandi has made…

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Lower Lows May Bring Buying Opportunity

Jun 08, 2012 at 13:16

The markets have numerous unanswered questions to digest: Will Spain accept a bailout? How will the market react to another bailout? After the election, will Greece stay or go?

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Yesterday's Gold/Silver Prices - Sign of Times

Jun 08, 2012 at 12:38

Why Read: It is very important to think about financial market psychology, trading patterns, and risk in these volatile and uncertain times.

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Hollande About to Wreck France With Economically Insane Proposal ...

Jun 08, 2012 at 12:31

Unemployment in France touched 10.2% in April, a number last seen in 1999 according to data from Eurostat.

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Strong-Dollar Fallacy

Jun 08, 2012 at 11:27

After a shocking upset in Greece's parliamentary elections, the US dollar surged dramatically. Soaring 5.4% in May alone, the world's reserve currency won legions of fans among traders. "King Dollar"…

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Ignorance Is A Temporary Condition

Jun 08, 2012 at 11:09

George Mitchell, as a member of the Board of Governors of the Federal Reserve in 1966, began urging bankers to consider how "the computer can drastically change money and its…

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Sovereign Debt Crisis Nursing the Global Economy Back to Health

Jun 08, 2012 at 09:59

Policymakers and politicians are spending their time, energy and OUR money attending to the symptoms of the disease while the disease itself continues to grow. Recessions are a necessary evil,…

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Senate Dealmaker Baucus Turns to Rewrite of U.S. Tax Code

Jun 08, 2012 at 09:29

Senator Max Baucus, the Montana Democrat who has centered his 37-year congressional career on attempts to build bipartisan consensus, is preparing to take on the U.S. tax code.

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Debt, Debt, Debt!

Jun 08, 2012 at 09:12

Above is an interesting chart that has been making the rounds on the internet. Oddly I have yet to find the original article that was the source from Haver Analytics…

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What Is Money

Jun 08, 2012 at 09:02

Today, we're accustomed to thinking of small greenish paper rectangles as the definition of money, and we think of the US government as the only source of money. To honestly…