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FRANKENSTORM WATCH: The 'Perfect Storm' Barrels Toward The East Coast
Hurricane Sandy could merge with a winter storm out of the west to become the worst Northeast storm in 100 years, described as a Frankenstorm. National Weather Service meteorologist Paul Kocin tells...
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Here's A Massive Mistake That Analysts Make When Examining China
Chiwoong Lee at Goldman Sachs has a new report out (“China vs. 1970s Japan”, September 25, 2012) in which he predicts that China’s long-term growth rate will drop to 7.5-8.5%. I disagree very strongly...
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The Controversial 'Lagarde List' Has Leaked, And It's Bad News For The Greek...
The controversial 'Lagarde List' has been leaked to the media in Greece. The list contains the names of 1,991 Greeks with bank accounts at HSBC's Geneva branch, and it got its name after Christine...
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Health Insurance Companies Are Worried About A Romney Victory
WASHINGTON (AP) — You'd think health insurance CEOs would be chilling the bubbly with Republican Mitt Romney's improved election prospects, but instead they're in a quandary. Although the industry...
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Rats Drown When It Rains On Wall Street
The farmers have a saying: A drought will scare you to death, too much rain will kill ya. As of noon on Saturday, there are still two different forecasts for where Sandy is going to hit. It makes a...
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Pretty Much All The Computer Models Show Hurricane Sandy Landing At The Exact...
WSJ weather expert Eric Holthaus tweets that all of the best computer models show Hurricane Sandy going to the same place. He links to this satellite map showing that virtually every possible path is...
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Latest Economic Data Provides More Evidence That We're Not Going Into A...
The big economic news this week was that, in the rear view mirror, 3rd quarter GDP rose +2.0% on an annualized basis. Durable goods rose sharply, but not nearly enough to erase the huge decline in...
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Every Bond Investor Needs To Read These Three Things...
Are you like so many Americans and shifting your money into fixed income/bond assets? If so, you must read three things: 1. Here's Josh Brown on the insane volume of inflows into bond funds these days,...
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New Poll A From Left-Leaning Firm Is Pretty Brutal For Obama
Mitt Romney leads President Barack Obama by a single point in today's Public Policy Polling daily tracking survey, but the numbers inside the poll display a clearly worse picture for the president....
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ROUBINI: 'US Airlines Are The Most Pathetic Antediluvian Pieces Of Junk Ever'
The airlines are going to rue the day they ever messed with "Doctor Doom" Nouriel Roubini. The famous economist is going on an epic Twitter rant right now. First it sounds like he had a bad flight on...
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The Number One Reason Republicans Think They're Going To Win The Election
Republicans have been continually bullish on presidential nominee Mitt Romney's standing in recent polls because of a key sign: His improving numbers among self-identified Independent voters. Romney...
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Forget What You've Heard About Who Runs China — It All Comes Down To 9 People
Many in the Western World mistakenly believe that the National People's Congress (NPC) ultimately makes key decisions in China (similar to a "parliament" in a typical democracy). That's only true on...
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Here Are 5 Ways To Make Money From North Korea
North Korea is the most isolated country on earth, but that doesn’t mean you can’t get a piece of the action in the Democratic People’s Republic of Korea. Whether you’re betting long or betting short...
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GALLUP: Obama Gains A Point On Mitt Romney
President Barack Obama gained slightly in Gallup's daily tracking poll on Sunday, following two days of polling that saw his approval rating crumble and his rival jump to a comfortable advantage. With...
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The Weak GDP Report Shows No End In Sight For The Long Recession
The third-quarter GDP report was a nasty October surprise for a nation desperately in need of more jobs and higher take-home pay. The U.S. economy grew just 2.0% from July through September. At the...
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NYSE CLOSING FLOOR TRADING FOR MONDAY
From Gasparino, news that makes a lot of sense. Here's a release obtained by Business Insider: The NYSE will invoke contingency plans for trading away from the NYSE facility on Monday, October 29, 2012...
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ConEd: We May Have To Preemptively Shut Down Power In Lower Manhattan
Con Edison spokesman Michael Clendenin says the utility may have to preemptively cut off electricity in low-lying areas of New York City if there is a significant storm surge. The precaution would be...
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We Can Not Overstate How Epic The Coming Week Is Going To Be
News junkies: Get ready for what is shaping up to be a truly epic week. It falls broadly into three main categories. 1. Hurricane Sandy. The Frankenstorm that has consumed the media (in part because...
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How The Fiscal Cliff Could Hit The Economy Much Harder Than People Expect
WASHINGTON (Reuters) - The United States runs the risk of a recession far deeper than many investors and policymakers may think if lawmakers fail to avert looming tax hikes and cuts to public spending....
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European Markets Close Down, Italy Tanks
European stock markets are in the red across the board heading into the close. Italy is leading shares lower, down 1.4 percent. The losses follow comments by former prime minister Silvio Berlusconi...
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