Source: Dilbert (thanks JM)
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Independent experts helping ‘Occupy’ movement build specific goals
William Black is a rare independent expert on white-collar crime in the banking sector. He and many other highly respected leaders in this field are lining up behind the Occupy movement. So long as this pressure continues to build, constitutional amendments may actually be coming.
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Visit msnbc.com for breaking news, world news, and news about the economy
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Risk off resumes
Following a reckless resumption of risk appetite last week (perhaps led by an erroneous interpretation of Euro strength by algo computers? See: Biggest Market Headfake ever for an interesting take), the fear gauge is resuming alarm today. This updated chart of the 20-year treasury index (TLT) over the Canadian dollar (FXC) is one of the many which we have found to be instructive over the years. Last week’s drop in this risk barometer and rebound today bear an eerie resemblance to similar action we noted in the late fall of 2008. For an excellent update on where we really are at with the European banking crisis, see John Hussman’s piece this morning: Europe: Just Getting Warmed Up.
Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.
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