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Fed out of options as earnings recession begins

“There will never be a good time to raise rates off zero when you’ve been there for six years,” Peter Boockvar, chief market analyst at The Lindsey Group, told CNBC. “The Fed’s screwed, essentially.” Actually, the Fed members are well … Continue reading →

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How speculative booms end

For those dreaming that maybe today’s excessive valuations in most financial assets can resolve in a virtuous end of gentle mean reversion, or suddenly soaring GDP, sales and earnings that will miraculously ease current cash flow strains, we offer the … Continue reading →

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Comparative annual salary of world leaders

I find data like this fascinating. Top earning world leader is Brigadier General Lee Hsien Loon, Prime Minister of Singapore since 2004 (with an outrageous lead). China’s Xi Jinping is pulling up a very distant rear. Of course special perks, … Continue reading →

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