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These Stocks Are Attractive Amidst This Selloff

Oops: Correction:

Scroll down until you hear her in her shining beauty.

Sorry, I don't know what came over me...;)

These Stocks Are Attractive Amidst This Selloff

Nice article, it sheds a bit of light on how Wall Street folks look at stuff.

But sorry sorry, there are also reasons to believe we only have 200 million of real reserves left in the entire US banking system while just six weeks ago there were over 40 billion US$ of banking reserves.

Here is the Federal Reserve H3 current release and look in the column that says 'non borrowed (3)'. Scroll down until you her in her shinging beauty: 200 million US$.

Here is the link:

www.federalreserve.gov.../

Tomorrow we will have another update on this detail, we will wait and see.

From the scientific point of view we can say this: At least one US bank has negative reserves. And we wonder why the Federal Reserve does not act on that and make it public.

Prepare for a Multi-Year Decline in Consumer Spending

Hello Markham, good article and I really did not know that HELOC's amounted to 20% of spending in some cases.

I live in Holland and in the nineties we had two years on a row of 4% more 'income' spended on behalf of your house value.

It took us four years to recover from that...