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'Brutus' Cruz & The Trump Takeover
Submitted by Patrick Buchanan via Buchanan.org,The self-righteousness and smugness of Ted Cruz in refusing to endorse Donald Trump, then walking off stage in Cleveland, smirking amidst the boos, takes...
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THE SUBPRIME U.S. ECONOMY: Disintegrating Due To Subprime Auto, Housing, Bond...
By the SRSrocco Report,The U.S. financial system continues to disintegrate even though most Americans hardly notice. The system is being gutted from the inside out... much the same way a chronic...
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US Futures Unchanged As Europe Stocks Rise; Strong Dollar Pressures Oil
There has been little notable market moves overnight, with the record rally in the S&P500 set to continue and European stocks climbing as German IFO business confidence proved more resilient than...
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Michael Moore: 5 Reasons Why Trump Will Win
Authored by Michael Moore,I am sorry to be the bearer of bad news, but I gave it to you straight last summer when I told you that Donald Trump would be the Republican nominee for president. And now I...
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Legal Tender
From the Slope of Hope: When I was a young boy, growing up in the suburban splendor of Louisiana, I had a very pleasant middle-class childhood. Even at a young age, though, children are able to discern...
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US Futures Rise With All Eyes On Kuroda As Global Stocks Tread Water
Following yesterday's Fed decision and ahead of tonight's far more important BOJ announcement, European stocks have posted modest declines, Asian shares rise toward 9-month highs, while U.S. equity...
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Oil Industry About To Be Burned Again By Fall In Oil Prices
Submitted by Arthur Berman via OilPrice.com,The current oil-price rally is over.U.S. rig counts have surged as oil prices sink. Capital is driving the oil markets and it enables bad behavior by...
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Ford Plunges After Warning "We Don't See Growth", Warns US Auto Industry "Has...
The reason Ford stock is plunging this morning is not so much the company's earnings miss, when the US auto giant reported Q2 EPS of $0.52, below the $0.60 expected, but because in some startling...
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Nobody Knows Who's Paying For The Privately Funded Democratic National...
Submitted by Mike Krieger via Liberty Blitzkrieg blog,Earlier this week, in my article titled, Hillary Clinton is in Deep Trouble – “Hordes of Wall Street Executives” Descend Upon Philly, I highlighted...
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Despite Huge BOJ Disappointment, Global Stocks Rise, US Equity Futures Flat...
European stocks and Asian shares rose, U.S. equity futures were unchanged and the yen surged after the BOJ shocked markets and kept its QE program unchanged, defying market expectations of a big boost...
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The Next President (No Matter Who) Will Face The Weakest Demand Growth In...
Submitted by Chris Hamilton via Econimica blog,Despite the US population more than doubling since Eisenhower took office in 1953, the growth rate peaked under Reagan (total) and Clinton (as a %), and...
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July U.S. Auto Sales - The Good, The Bad, & The Downright Ugly
Ford (-3.0% vs. -0.5 est), GM (-1.9% vs. -1.0 est) and Fiat Chrysler (+0.3% vs. 1.9% est) all posted headline misses on July auto sales with a modest "beat" from Toyota (-1.4% vs -1.9% est) even though...
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World Stocks Drop For Third Day On Growing Concerns About Central Bank...
After 7 consecutive drops in the Dow Jones, the Industrial average is set for an 8th decline with US equity futures modestly lower as risk-averse sentiment persists overnight, after U.S. stocks saw...
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The Car Bubble... And Cash For Clunkers II?
Submitted by Eric Peters via EricPetersAutos.com,A guy who smokes meth can pull a week of 15 hour days. But come next week...That’s how artifical “incentives” work on the economy. On the macro level,...
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The Warren Buffett Economy: How Central-Bank-Enabled Financialization Divided...
Submitted by David Stockman via Contra Corner blog,During the 29 years after Alan Greenspan became Fed chairman in August 1987, the balance sheet of the Fed exploded from $200 billion to $4.5 trillion....
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US Futures Rebound, European Stocks Higher As Oil Rises
The summer doldrums continue with another listless overnight session, not helpd by Japan markets which are closed for holiday, as Asian stocks fell fractionally, while European stocks rebounded as oil...
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Michigan Pension Funds Boost Tesla Stake By Over 200%
Several days ago we reported that as a result of ongoing "financial repression" and record low rates, public pensions in the US are currently facing a $2 trillion funding shortfall ($4.5 trillion in...
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Rethinking The Cold War... And The New One
Authored by Paul Craig Roberts,The Cold War began during the Truman administration and lasted through the Eisenhower, Kennedy, Johnson, Nixon, Ford, and Carter administrations and was ended in Reagan’s...
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Global Stocks Rise, US Futures Near All Time Highs As Flood Into Emerging...
European shares advanced, with gains in automakers helping Germany’s benchmark DAX Index turn positive for the year for the first time. Stocks rose around the world, led by emerging-markets, as oil...
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Prominent "Up And Coming" Hedge Fund Exec, Sahm Adrangi, Busted For Hamptons...
One of the prominent "up and coming" managers in the hedge fund industry, which recently has been best known not for star names or outsized returns, but quite the contrary - lack of alpha creation and...
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