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minecanary

minecanary
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  • Moody's takes chainsaw to Puerto Rico credit rating [View news story]
    Sounds like the U.S. gov't will be suing them extra soon
    Jul 1 08:14 PM | Likes Like |Link to Comment
  • General Motors June U.S. sales [View news story]
    A GM sales increase just means they bought another parking lot to fill up
    Jul 1 11:06 AM | 1 Like Like |Link to Comment
  • Next step for Morgan Stanley: Pay cuts for advisers [View news story]
    Of course, when a head banker saves $800 mill in costs, he just moves another 100 mill into his pile.
    Jul 1 11:03 AM | Likes Like |Link to Comment
  • U.S. firms take new Puerto Rico law to court [View news story]
    Next up, Chicago.
    Jun 30 09:36 AM | 2 Likes Like |Link to Comment
  • Barclays begins dark pool probe [View news story]
    An internal investigation? How stupid is that? It's like the media self examining and deciding their coverage is even and unbiased on political matters.
    Jun 27 10:40 AM | Likes Like |Link to Comment
  • Barclays tumbles following NY lawsuit [View news story]
    It may be a matter of time but w/our regulators the statue of limitations will run out or the culprits will be dead before they make a move.
    Jun 27 10:35 AM | Likes Like |Link to Comment
  • Barclays tumbles following NY lawsuit [View news story]
    The law of averages would say they should find someone guilty of something, by now, even if it's via a typo in the documents.
    Jun 26 09:47 AM | 1 Like Like |Link to Comment
  • Bullard: Forget about Q1 GDP report [View news story]
    Bad news for the bubble that isn't
    Jun 26 09:45 AM | 2 Likes Like |Link to Comment
  • New York sues Barclays for fraud over dark pool [View news story]
    Now Dej, You're tarring the good 5% of bankers with the same feathers as the 95% that commit the crimes.
    Jun 25 09:04 PM | 3 Likes Like |Link to Comment
  • Major correction continues in Dubai [View news story]
    Coming soon to a market near us
    Jun 24 09:58 AM | Likes Like |Link to Comment
  • Precious metals soar as Fed stays dovish and Americans head into Iraq [View news story]
    PM's are flying until next week's option expiry beat down. No recession.
    Jun 19 03:15 PM | Likes Like |Link to Comment
  • Gold sniffs $1,300 after FOMC meeting [View news story]
    Metals taking off. No recession.
    Jun 19 11:23 AM | Likes Like |Link to Comment
  • Fed lowers 2014 GDP projection, but 2015 and 2016 hold [View news story]
    The answer is that the Fed's day in the sun is almost done. World events are about to end their games and we are going to be on the receiving end of the policy decisions...not dictating them to everyone else.
    Jun 18 09:41 PM | Likes Like |Link to Comment
  • Bullard gets even more hawkish [View news story]
    What matters is that the FED is using 'their' debt to buy U.S. debt...that circle jerk can only go on for so long just like the European banks buying all the sovereign debt from their countries...which those countries immediately guarantee. There is more to it then that but FED debt absolutely matters - especially since they will have massive losses (against thin capitalization) on their own bond portfolio as interest rates rise.
    Jun 11 09:11 AM | Likes Like |Link to Comment
  • Bullard gets even more hawkish [View news story]
    The stock market rising due to low interest rates is incidental. The real gorilla is the U.S. can't afford to pay any higher interest on the debt or everything will immediately go south. The FED will probably be revealed to be the 'Belgium' buyer at some point in the future. No matter what stock market gains or debt illusions they manage to pull off in the short term, there is no way back from the debt overload the world faces w/o a complete reset.
    Jun 10 10:01 AM | Likes Like |Link to Comment
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