Daily Archives: May 13, 2014

Bond yields confirm deflating growth in 2014

The stock market has been flailing about like a teenager on cheap wine year to date, but so far the much larger, more sober bond market seems pretty sure about its preferred path: safe-haven inflows to U$ and the highest … Continue reading

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Investors Group tightens the leverage noose on the gullible

Infamous for obscenely high internal management fees and back end loads, Investors Group today announced on its web site a new 1.99 floating rate mortgage available to trusting victims: The Winnipeg-based financial services firm posted the rate on its website … Continue reading

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Class action law suit against exchanges, broker/dealers and HFT firms

Hat tip to Wall Street on Parade for bringing the filing of an encouraging class action law suit to my attention. See the class action statement of complaint for violation of Federal Securities laws here: City of Providence, Rhode Island … Continue reading

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Consumers not bouncing back with warm weather

This morning the Advance US April retail sales report disappointed bulls with a flat 0.1% month-over-month read, down from 1.5% in March. Core Retail Sales (ex Autos) was 0.0% in April, down from 1.0% in March. Over all the trend … Continue reading

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Bill Black peels back the sales puff around Tiny Tim

Bill Black is one of the rare good guys: someone who knows all about the inner workings of financial firms and their crimes but who cannot be bought by them and has been in the trenches fighting for lawfulness and … Continue reading

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