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Daily Archives: August 17, 2012
Investors continue to exit equities
One of these days we will have stock prices worth buying again. In the meantime this is a thinly participated market, with a handful of algo sharks churning away, chumming the waters for the desperate and unsuspecting. So long as … Continue reading
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QE3 stumbling block?
“As the chart below shows, the Federal Reserve has never initiated more accommodation when the TIPS inflation breakeven rate was above 2.0%. This level is important because the Federal Reserve adopted 2.0% as an inflation target last January. When expected … Continue reading
Autumn dates to watch
Steen Jakobsen, chief economist at Saxo Bank, recaps why the autumn calendar is full of tail risks coming in and September is going to see a lot more speed and velocity. Here is a direct link.
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