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Monthly Archives: July 2015
Fifth anniversary of Dodd-Frank financial reforms
Senator Elizabeth Warren explains some small victories of financial reforms to date, but reminds that most of the structural changes needed are yet to be accomplished. Here is a direct video link. The greatest failure of Dodd-Frank is that it … Continue reading
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Chinese market shows folly of central bank intervention
The charade of Chinese publicly traded markets reveals the folly of central planners believing they can control and sustain prices where they want them. At best they may buy some time to extend and pretend. But in the end they … Continue reading
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America weaning off its addiction to oil
Bloomberg offers an interactive series of charts showing why oil demand is falling while production is climbing. There are several key factors and trends driving this secular shift. You can see them here.
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