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Monthly Archives: December 2012
Consumers catching the drift
Preliminary reports suggest that US holiday sales for the key two months October to Dec, rose .7% this year. This compares with a 2% increase during the same period last year and a 3 to 4% increase that many retail … Continue reading
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Another study confirms: HFT profits at everyone else’s expense
Yet another study now confirms what many of us have known for years, that high frequency traders are gleaning profits at the expense of other legitimate participants and at the expense of the systemic integrity of markets as a whole. … Continue reading
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Tax the rich: an annimated fairy tale
This cartoon rings painfully true on many points. No doubt some will strongly disagree. There is no question that lower tax rates have contributed to present deficits. But lower tax rates are not the main story. Lower tax rates are … Continue reading
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