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THE PRAGMATIC CAPITALIST
46 min ago
Comment
There is no doubt a bubble forming in gold prices. In my opinion, the price of gold perfectly reflects the irrationality across many major markets, most notably, the equity markets. Despite no signs of inflation gold is up over 70% in the last...
Shocked Investor
1 hr ago
Comment
Florida Governor candidate Farid Khavari economic plans to create The Bank of the State of Florida. This bank would use the fractional reserve regulations that govern all banks, in the process, making billions billions per year for Florida's...
MarketWatch
2 hrs ago
Comment
The nation’s biggest banks would be hit with a raft of new fees, leverage limits and other restrictions under far-reaching ‘too-big-to-fail’ bank legislation approved by a key congressional committee.
The Mess That Greenspan Made
3 hrs ago
Comment
Rep. Ron Paul (R-Texas) talks with Larry Kudlow and former ITC chief economist Peter Morici about the role of the central bank and efforts to audit (or end) the Fed.
Larry's opening comment sets the tone:
"Article 1, Section 8 of the...
MarketWatch
4 hrs ago
Comment
Long-term Treasury prices were under slight pressure on Wednesday after ADP said companies cut 169,000 jobs in November, compared to a 203,000 loss the previous month. Yields on 10-year notes , which move inversely to prices, rose 1 basis point to...
Wall Street Journal
5 hrs ago
Comment
U.S. stocks essentially flat, after yesterday's big rally, and as the S&P once again bumps up against resistance in the 1110 range.
Expected Returns
5 hrs ago
Comment
Bloomberg, Pimco Says Investors to Sell Government Bonds on Record Sales
NY Times, In Job Hunt, College Degree Can't Close Racial Gap
LA Times, Workers Rush to Apply for Hotel Jobs
Mish, Zombie Capitalism: Bernanke Marching Ignorantly...
New York Times
9 hrs ago
Comment
To reduce its crushing debt, the American International Group said on Tuesday that it had completed its plan to award the Federal Reserve Bank of New York a $25 billion stake in two of its big foreign life insurance subsidiaries.
naked capitalism
9 hrs ago
Comment
There is a curious disparity in the reports on Bernanke's odds of reconfirmation as Fed chairman. Now on the one hand, incumbents generally have an upper hand. But incumbents seldom preside over massive disasters that started on their watch and...
Bloomberg
12 hrs ago
Comment
Ben S. Bernanke has the backing of a
majority of U.S. senators on the Banking Committee for a second
term as Federal Reserve chairman.
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