Daily Archives: March 11, 2013

Today’s new paradigm: ubiquitous faith in the force of Fed easing

Over the past few months, I have mentioned several times that the present stock market paradigm is a ubiquitous faith that Central Banks and their endless QE will not allow stocks to go down. This is our modern day version … Continue reading

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60 Minutes on Gaudi’s vision

There is little doubt that Barcelona is one of the world’s most incredible cities and Architect Antoni Gaudi’s buildings play a key role in its spectacle. The Sagrada Familia is unique and breathtaking to visit. At the same time Gaudi’s … Continue reading

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Ambition to lead

“Why aren’t more women in leadership positions? Facebook COO Sheryl Sandberg tells Norah O’Donnell women need to learn to “lean in.” “In a new book that has already touched a nerve, Sandberg proposes a reason for why there are so … Continue reading

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Dr copper declines on strong U$, weak demand and soaring inventories

“Copper fell for the second time in three days as imports dropped to a 20-month low in China, the world’s largest user, and exchange inventories increased. Inbound Chinese shipments of refined metal, alloy and products were 298,102 metric tons last … Continue reading

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Full circle back to financial crisis

Something is becoming increasingly clear to me. The experimental easing efforts of central banks over the past 4 years that have been promoted by some as the salvation of the world economy will come to be seen as the next … Continue reading

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Embarrassment to the the rule of law: hearing on bank money laundering

Senator Elizabeth Warren’s Q&A at the March 7, 2013 Banking Committee hearing entitled “Patterns of Abuse: Assessing Bank Secrecy Act Compliance and Enforcement.” Witnesses were: David Cohen, Under Secretary for Terrorism and Financial Intelligence, United States Department of the Treasury; … Continue reading

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