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Markets

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Jamie Dimon: CEO's Shouldn't Make Earnings Forecasts

Oct 19, 2015 at 10:55

Jamie Dimon, chairman and CEO at JPMorgan, sat down with host Stephanie Ruhle on Bloomberg TV's new flagship morning program, Bloomberg <GO>. He discussed the reputation of banks following the…

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Tea Party is Drinking Too Much Decaf

Oct 19, 2015 at 07:54

Following the Wall Street bail-outs in 2009, a political movement also protesting their lack of representation in government sought a reduction of the U.S. national debt and deficits by reducing…

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Us Revenue, Margin and Manufacturing Recessions

Oct 19, 2015 at 07:09

The NYSE Short Interest Rate is at levels not seen since just before the 2008 collapse of Lehman Bros. during the Financial Crisis. Clearly there is a lot of nervousness…

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SP500, Lots of Downside Ahead, Major Tops and Bottoms Analysis since 1950

Oct 19, 2015 at 07:07

With the recent melt down in global markets, it would be prudent to look back at historical data on the US market to see where we stand. To do this…

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Swamped By Stupidity; Peak Merkel

Oct 19, 2015 at 06:19

Backlash against sheer stupidity is starting to build. I am talking about German Chancellor Angela Merkel's decision to ramrod an agreement that requires EU countries to accept more alleged refugees…

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And Then There Was None (Backwardation)

Oct 19, 2015 at 06:10

The dollar dropped about half a milligram gold, and 50mg silver. But who wants to read about the universal currency falling, failing?

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Debt Ceiling Debate: Don't Mention Warfare/Welfare State!

Oct 19, 2015 at 06:02

The US Treasury's recent announcement that the government will reach the debt ceiling on November 3 means Congress will soon be debating raising the government's borrowing limit again. Any delay…

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GBP/USD - Failed to Break 1.5500

Oct 19, 2015 at 05:55

GBP/USD remains in a range between support at 1.5078 (05/05/2015 low) and resistance at 1.5659 (18/09/2015 high). A long as prices remain in this range, there is no clear mid-term…

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Market Turning Points

Oct 19, 2015 at 05:51

SPX showed that it had enough remaining strength to shoot for its "extreme" count of 2040. That level is fast approaching and could be reached as early as Monday. What…

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Big Drop in Market Still Looms, GDX Pulling Back

Oct 18, 2015 at 17:02

Last time I wrote, I was expecting a large drop in the stock market. Early on, in my blog, I stated that I believed I was wrong and that the…