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Wall Street Breakfast: Must-Know News [View article]
Ahhh, The Stupor Of "Hopium". (He He He; Oh Dang !!!)
I have to agree with bbowen7 that Sheila Bair has actually showed some fortitude of recognition and attempts to warn. Bummer she is, by position, like the swimmer on the beach watching the incoming tidal wave from the low tide mark.
Higher "Fraud Rates" always happen when things become "Uncertain" and more scrutiny is paid to Enforcement. Law Suits and "Workouts" are starting to Balloon. If "Mark To Myth" is ever repealed we will have records within this stat.
Wall Street Breakfast: Must-Know News [View article]
"Big money backing rally. Institutional investors are driving the U.S. stock market's recent rise, State Street says. The firm, which monitors the buying and selling of $12 trillion in assets it holds as custodian, says monthly cash flows into equities are in the 98th percentile - close to a 12-year high. The report flies in the face of yesterday's comments by NYSE Euronext CEO Duncan Niederauer, who said the rally is being driven by quants, while big money sits on the sideline."
Wall Street Breakfast: Must-Know News [View article]
Those that put their faith in words or labels will be disappointed when it is discovered they were deluded.
Action and Event are the only measure of Reality.
Do Not Consider What Is "Expected"; Consider What "Is".
Evaluation must be made by analysis of the individual, Not By Party Affiliation.
What I Am Seeing Will Lead To Grim Consequences.
Be American First - Club Member Last.