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Reckless central banks likely to trigger next phase of global crisis
The U.S. Federal Reserve’s “wildly accommodative” super-low interest rates and bond-buying program risk triggering the next world financial crisis, market veteran Stephen Roach has warned. Here is a direct video link.
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No shocker here: “Barclays provided huge advantage to HFT traders”
Finally some honest assessments of the dark pool, HFT, brokers-selling-client-trust cesspool that has been widely prevalent the past few years. Such a relief to hear the AG characterize fraud as fraud at last. Also it is encouraging to have the … Continue reading
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Keeping a grip on guide ropes to survive a Fed-made blizzard
So US GDP contracted at a 2.9% annualized real rate in Q1 2014, a full 3% lower than had been originally guesstimated in April, as spending fell across pretty much every component of consumer, business, government and net exports. (Although, … Continue reading
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