Podcast: Adler, Winter Butt Heads On Market Outlook
Contributors Russ Winter and Lee Adler disagree about why the Fed is doing the Taper, and what the effects will be. Listen to a free 4 minute clip of the January …
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E No Emerging Markets Route II
Last night the long-awaited Turkish central bank (CB) rate hike took markets by surprise although higher rates to fight inflation were expected for weeks. Turkish interest rates went from 4.5% …
Read More BEA Estimates 4th Quarter 2013 GDP Growth At 3.22% Annual Rate, Down Modestly From 3rd Quarter
In their first estimate of the US GDP for the fourth quarter of 2013, the Bureau of Economic Analysis (BEA) reported that the economy was growing at a 3.22% annualized …
Read More Enough Is Enough: Fraud-Ridden Banks Are Not L.A.’s Only Option
“Epic in scale, unprecedented in world history.†That is how William K. Black, professor of law and economics and former bank fraud investigator, describes the frauds in which JPMorgan Chase …
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Daily Market Commentary: A Bearish Twist
It proved to be a tough day for bulls. Shorts are unlikely to have been the cause of today’s losses, although some may not have wasted time jumping on board. …
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HY Bond Market Weathering The Storm
The US corporate high yield market remains incredibly resilient in the face of increasing global volatility. Year to date the broad HY index has outperformed the S&P500 by over 4.25%. …
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Ukraine Stocks Hover At 5-Year Lows As Ex-President Warns Of Imminent “Civil War”
Following discussions with Merkel, demands to de-escalate tensions from Barrose, and threats of sanctions from President Obama. Ukraine’s President Yanukovych has gone on sick leave from “immense pshcological pressure.” Despite …
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E Mid Cap Report: The Best And Worst
The best scoring mid caps from one year ago (1/30/2013) averaged 362 bps of excess over the S&P 400, with 0% turnover. The top performers include ILMN up 172%, NFLX …
Read More Eric Ben-Artzi: Another Whistleblower Who Was Fired
Recently Deutsche Bank surprised the markets by pre-releasing its earnings with a surprise loss of 1.5 billion Euros. Do you think that the bank may have been previously mismarking positions …
Read More What’s Happening In The Stock Market And Elsewhere
In its first unanimous decision since 2011, the Federal Reserve announced another $10 billion cut in its monthly bond purchases. It attributed the decision to the “growing underlying strength in …
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