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The Dollar Is Tumbling
Dovish comments comes from Fed officials have everyone thinking more easing is coming. This has been bad news for the dollar. After starting the day just above 79.80, the dollar index has sunk to 79.41...
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Bearishness Is BOOMING
Investors have turned bearish, new data out of the AAII Sentiment Survey shows (h/t Pragmatic Capitalism). Of those polled, 41.6 percent believed that stocks would fall from their current place, while...
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NY FED CHIEF: Sure, The Economic Data Is Improving, But We're Not Out Of The...
Bill Dudley, the president of the New York Federal Reserve bank, indicated that he is most likely supporting additional action by the Federal Reserve to speed up the economy. In remarks at an event in...
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14 Jaw-Dropping Facts About The Spanish Economy
Spain is the calamity du jour. Last year was about Greece and Italy, but suddenly everyone's talking about whether Spain will be the Too Big To Save Eurozone economy that explodes the Global economy....
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Google Beats On Earnings And Declares Stock Split, But STILL Gives No Real...
Google just reported earnings, and it looks like a good beat on earnings, but light on revenue. Non-GAAP EPS came in at $10.08, versus $9.65 expectations. But sales were a little light: Net revenue was...
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STOCKS EXPLODE HIGHER AFTER UGLY DATA: Here's What You Need To Know (DIA,...
What correction? First the scoreboard: Dow: 12,986.5, +181.1, +1.4%S&P 500: 1,387.5, +18.8, +1.3%NASDAQ: 3,055.5, +39.0, +1.3% And now the top stories: Italy had an unpleasant bond auction this...
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Google Announces A New Stock Structure So It Can Still Pay With Stock Without...
Google just announced plans for a new stock structure, which effectively creates a 2-for-1 stock split. Every shareholder will get a non-voting share of Google stock which will be listed on the NASDAQ....
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One Of Jim Chanos' Shorts Is Exploding Higher To New All-Time Highs After The...
Jim Chanos was on CNBC this morning talking about one of his shorts: Coinstar. Coinstar is the owner of RedBox, the DVD rental kiosk company. MarketFolly summarizes Chanos' short argument: One company...
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CHARTS: It's Starting To Look Like This Notorious Book On The End Of Growth...
On the 40-year anniversary of The Limits Of Growth, Smithsonian magazine finds that this apocalyptic tale of resource depletion may be coming true. We did some digging on the subject and turned up a...
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PREVIEW: Wall Street Has High Hopes For JP Morgan's Trading Business (JPM)
JPMorgan Chase will be kicking off the earnings season for financials tomorrow as the bank plans to release its 2012 Q1 results before the opening bell. Right now, analysts, on average, are expecting...
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PREVIEW: All Eyes Will Be On Wells Fargo's Mortgage Business (WFC)
Tomorrow morning, Wells Fargo will report first quarter results, kicking off the financial sector's earnings season with J.P. Morgan Chase. Analysts polled by Bloomberg are looking for the San...
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Young Americans Couldn't Care Less About Owning A New Car
The high cost of car ownership is driving Americans ages 18-34 to seek alternative modes of transport, a survey finds. Millennials told the Frontier Group they've made a conscious effort to cut back...
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Something Happened To Apple Shares Today That Almost Never Happens
Shocker: Apple was down today, while the S&P was up more than 1%. In this intraday chart, S&P is green, and Apple is orange. It's almost always the other way around: Apple stays strong while...
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Companies Across America Are Cutting Back On This One Big Incentive
Since the recession, U.S. companies have been spinning out ideas large and small for cutting costs while boosting output. And many firms have hit on a fat target: office space. Companies are...
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GREEK SHIPPER: You Should Be Afraid Of The May 6 Election
I spoke with my Greek shipper friend from Athens about the upcoming May 6 election. This is an event that should be feared by the markets according to this person. There are two large political groups...
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Now Myanmar Is Showing Hopes For Reform, Everyone Is Wondering If It's The...
Myanmar has been in the media spotlight recently for the election victory of Aung San Suu Kyi, the country’s opposition leader, which many have hailed as the nation’s first concrete steps towards...
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Here's Why Natural Gas Could Go To Zero
My friend who has been running hedge fund money for years had this to say: “Nat Gas could go to zero. Gas is a byproduct of drilling for oil. With US oil still worth $100+ a barrel, the drilling will...
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The President Of Iceland Tells Us How He Had The Balls To Stand Up To Britain
The president of Iceland sits in his study drinking tea from an immaculate china set. "If a collapse in the financial sector can bring one of the most stable and secure democracies and political...
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The Simple American Trade That's Doing Amazing Again Today
The Dow is off 100, but the American market is still awesome. The trade of LONG AMERICA/SHORT THE REST OF THE WORLD is really close to an all time high. That's represented here by the SPY ETF vs. the...
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DOUG KASS: Market Technicians Are Terrified Of The '3 PEAKS AND DOMED HOUSE'
Last February, Doug Kass introduced us to the "three peaks and a domed house" technical formation. He's actually been talking about it since last September on RealMoney Pro. In short, it's a weird...
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