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Daily Archives: October 31, 2014
Strong dollar and deflation haunt asset prices this Halloween
The Bank of Japan spooked another massive short-covering rally in global stocks today even while central banks are clearly not stimulating the global economy and deflation continues to haunt them with mounting downside to global revenues, GDP, emerging markets, currencies, … Continue reading
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Over-priced financials last leg under Canadian stock market
Four of the big 6 Canadian bank CEO’s are cashing out this year at the top of the Canadian consumer credit bubble. After reaping a fortune working to ramp the country up in debt and financial leverage over the past … Continue reading
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Liar’s poker run rampant
Overnight we heard news of more legal charges coming at Citigroup. The same Citi that’s predecessor National City Bank was central in creating the leverage bubble and crash of 1929; the same Citibank that paid billions in fines for its … Continue reading
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