Daily Archives: April 16, 2015

TED: Why we need to rethink capitalism

Paul Tudor Jones II loves capitalism. It’s a system that has done him very well over the last few decades. Nonetheless, the hedge fund manager and philanthropist is concerned that a laser focus on profits is, as he puts it, … Continue reading

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Short-squeeze in oil prompts low volume loonie bid

On the ramp in crude since March, the Canadian dollar (FXC) has bounced nearly 5 cents against the greenback. But as highlighted (in red boxes) below, we have seen other 5-6 cent rallies in the past 3 years which proved … Continue reading

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Shilling on why consumers are saving not spending energy savings

All the QE in the world, and still job growth is anemic, inflation is weak, and consumers are pulling in their spending to try and build up their savings. See: Where have all the consumers gone? The household savings rate … Continue reading

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Saudis add half a Bakken to oil market in one month

After falling 50% through 2014, buy-the-dip oil bulls have ramped prices up about 16% in the past month, but the supply glut is only getting bigger… Saudi Arabia boosted crude production to the highest in three decades in March, with … Continue reading

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Broken, lawless finance sector continues to enrich its own at our expense

And so the revolving door between Washington insiders and the finance industry continues to swirl round, without moral code, without restraint, without any shame.  All while making a mockery of democracy and of fair minded people everywhere.  What will it … Continue reading

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