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ROBERT REICH: The Cliff Is Looking More Like A Fiscal 'Gentle Hill'
Former Secretary of Labor Robert Reich thinks the phrase "fiscal cliff" might be a bit of an exaggeration – or at least a misnomer. In a new article for the Financial Times, Reich says it's more likely...
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And The Market Rally Is Gone
And like that, it was gone. Earlier today, the stock market rally picked up after the University of Michigan consumer confidence number unexpectedly jumped to 83.1. Economists were expecting the number...
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Citi Slashes The Odds Of An Imminent Greek Exit
Citi's European economics team, one of the most bearish on the Street, has been saying since this summer that they saw the odds of a Greek exit from the euro currency by the end of 2013 at a highly...
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JP Morgan's Tom Lee: The Bankruptcy Purge Of 2012 Is Mega Bullish For US...
JP Morgan chief U.S. equity strategist Tom Lee just published his latest thoughts on stocks. One of the main takeaways is the momentum behind the S&P’s financial sector, one of the few sectors in...
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ART CASHIN: A Close US Presidential Election Could Lead To Riots In The Streets
Art Cashin of UBS describes an alarming vision in his daily note. Cashin shares some of the conversation he and his drinking buddies – "The Friends of Fermentation" – have been having recently about...
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A Romney Presidency Could Finally Bring Back Balance Between Monetary And...
I read with interest Joe Weisenthal's comments about Barry Ritholtz's Big Picture Conference yesterday. Apparently many of the speakers and attendees expressed their "skepticism" about the market and a...
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CHART OF THE DAY: This Is The Most Powerful Chart We've Seen Yet That Shows...
Below is perhaps the most powerful chart we've seen showing that the markets are afraid of Mitt Romney. It shows inflation expectations – a great proxy for risk – and it looks like the market expects...
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China Faces A Daunting Task In Reducing Contaminated Water, Food And Drugs
Last January, China’s environmental authorities barely averted the contamination of nearly three million people’s drinking water after a mining company dumped cadmium – a toxic heavy metal used in the...
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For The Next Hour And A Half, Everyone In The Market Is Watching This...
From Eddy Elfenbein... The whole world is watching the S&P's "50-day moving average", one of those "technical indicators that people worry about on the basis that if the market falls through it,...
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China Is Hurting Itself By Boycotting Japanese Cars
Japanese auto sales in China have plummeted in the wake of violent protests and boycotts of Japanese products, sparked by the nations' dispute over a group of islands in the East China Sea. Things have...
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STOCKS FALL: Here's What You Need To Know (DIA, SPY, QQQ, JPM)
Stocks ended the week in the red. But at least the S&P 500 stayed above its 50-day moving average. First the scoreboard: Dow: 13,328, +2.4, +0.0 percentS&P 500: 1,428, -4.2, -0.3 percentNASDAQ:...
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Analyst: Facebook Shares Could Double (FB)
Read the article on AllThingsD > Please follow SAI on Twitter and Facebook.Join the conversation about this story »
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China Will Grow Old Before Growing Rich, And It Will Bring Down The Rest Of Asia
The Ponzi schemes and off-balance sheet loans in China's banking system are in the forefront of today's news. Reuters reports Bank of China executive warns of shadow banking risks A senior Chinese...
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It's Pretty Clear That Preschool Is Way More Valuable Than College
The extent of one's early childhood education is a pretty accurate predictor of later success in life. But America has been much more obsessed with college-level education and beyond. Today, the Census...
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ECRI's Leading Index Just Made A Big Anti-Recession Move
The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) made a strong advance in the numbers released today. It is now at 127.7, up from last week's 126.2 (revised from 126.3)....
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All Of The Transmission Channels Between QE3 And The Economy Are Weak Or Broken
NEW YORK – The United States Federal Reserve’s decision to undertake a third round of quantitative easing, or QE3, has raised three important questions. Will QE3 jump-start America’s anemic economic...
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This Chart Proves Work-Based Welfare Works
This may seem only obliquely related to the political hurly-burly of the moment, but I think it’s connected. The figure below, from Danilo Trisi at CBPP, shows the employment rates (share of the...
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David Rosenberg Brought Down The House With This Depressing Presentation At A...
One of the speakers at this week's Big Picture Conference was David Rosenberg, the famously bearish chief economist of Canadian wealth management firm Gluskin-Sheff. Rosenberg is often labeled a...
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China Will Release Its Incredibly Important Trade Data This Weekend
China is expected to release its September trade data, one of the country's most reliable economic indicators, this weekend. Here's what to expect: Exports Bank of America's Ting Lu expects exports to...
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Will Consumer Sentiment Finally End Its 12 Year Trend Downwards?
The Thompson Reuters University of Michigan Consumer Sentiment Index was released this morning, and like just about every other September release, it hugely beat economists consensus expectations. I...
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