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Category Archives: Main Page
Pimco’s El-Erian: “the markets should not bet on outcomes the Fed cannot deliver”
Mohamed El-Erian, PIMCO CEO & co-CIO, provides his perspective on stabilizing the euro zone; confronting the “fiscal cliff”; and whether the Fed should issue another round of easing. Here is a direct link.
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Political pressure from “Lie-bor” building
With criminal charges rumored to be pending in the Libor scandal, those of us who have watched bankers run wild the past few years will believe it when we see it. One can hope…Eurasia Group Comparative Analytics Director Dan Alamariu … Continue reading
Chinese stocks quietly slip back to Feb 2009 level
Amid the usual perma-bull prognostication, nonsense, fraud and rampant willful blindness in the investment community, Chinese stocks closed today at 2147, the lowest level since Feb 2009 and now a full 35% lower than the latest “recovery” peak at 3300 … Continue reading
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