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Obamacare Lives and Perhaps So Does the US Government
In a somewhat surprising (to this author) development, Obamacare (as dubbed by the extreme-right) survived its challenge by 26 states in front of the conservative-dominated Supreme Court of the United...
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Facebook Stock Continues to Be Punished
The market continues to punish holders of Facebook stock in light of its less than world beating earnings announcment. The future continues to look dim from this trader’s point of view, and that’s...
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And So Here Comes QE3
And so it is finally here; QE3 has been effectively announced by the Federal Reserve today, with monthly asset purchases continuing via Operation Twist and expanding via further mortgage backed...
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Day Trading Facebook | Anticipating the Biggest Days in Their Brief History
Investing professionals are salivating at the prospect of day trading Facebook shares in the coming weeks due to the sudden expected increase in float of the issue as several tranches of restricted (or...
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And the Winner of the 2012 Election Is…
I suppose you are all waiting to find out who the winner of the 2012 election is. Oddly enough the decision has been a dead giveaway for MONTHS. Is it really true there is any mystery at all who is …...
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What to Expect from the 2012 Election
We have our answers on who will lead the country now that the 2012 election cycle is complete. President Barack Obama earned another term in office. The House of Representatives will continue to be led...
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Irrational Exuberance in 2013?
OK, come on admit it: the recent highs in the Dow have you thinking is this irrational exuberance all over again? When then Fed Chairman Alan Greenspan coined the phrase (or did he?) in December 1996...
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The Financial Markets Are Crazy
Readers will note I have been hunkered down in my bunker – but that hasn’t kept me from keeping up to date with financial markets. As you will no doubt agree – they simply have gone crazy. The grand...
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Republican House Shuts Down Faith in the System
I really had a hard time believing the Congress could be so stupid as to shut down the government again, yet here we are. Led by none other than the do-nothing leader of the House himself, Speaker John...
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Quantitative Easing – A Case Study in the Limitations of Monetary Policy
As you might guess, add me to the list of hind-sighters looking back and calling Quantitative Easing a failed policy. The idea and intentions were good, but any objective observer can only conclude...
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Economy Welcomes Class of 2015 Republican Congress
So obviously it has been quite awhile since I have had anything to say – at least not much to say here. We have been locked politically in a twilight zone of do-nothingness since Barack Obama was...
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