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  • New Home Sales Freeze Up [View article]
    There is going to be a end game to leasing too. From talking to friends in the industry, people are driving over their collective mileage allowances and the only out game is to release a new car at addition $ or pay the big fee at the end which many don't have. And of course they go over on mileage the next round of leasing. Results are the end game is a disaster. Kind of like accruing interest on school loans and no jobs.
    Jan 28, 2014. 01:30 PM | Likes Like |Link to Comment
  • The "fear gauge" is flawed, says Citi's Mike Pringle, and investors risk harm by using the VIX (VXX) as an indicator of market risk. "It's an asset class and it's more traded for yield than protection," he says, noting the growth of structured products based on the VIX as dampening reported volatility. "It's still relevant in extremes, but not in a normal functioning market." [View news story]
    Can Mike please explain how this is a "normal functioning market" more like A.B. Normal aka Young Frankenstein market.

    Let's get rid of Big Ben's 85B plus crack cocaine per month cold turkey and then let's see a normal functioning market.
    Jul 10, 2013. 10:03 AM | 1 Like Like |Link to Comment
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