The Fed goes in for QE 3, looks like $40 billion in purchases a month of mortgage backed securities. Open-ended! Zero bound interest rates language extended to 2015. Buy corn dipped in silver, rolled in platinum. Republicans will go apeshit tonight on the evening news programs, I believe. Read Also: Lil Weezy says this is…
September 2012
Tribe Called Quest – Pharcyde Mashup
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Analysts Slash Q3 Earnings Expectations Into the Rally
“As we close out the final days the same third quarter, those same models from those same analysts now show outright declines in expected revenues from the prior year.”
Hot Links: Still On
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Clips from Fast Money Today
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Bacon Barter!
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Intro to Markets: Late Day Sell-Offs
That’s the 30-minute SPY chart above and a sweet f*cking sailboat I drew in MS Paint. Here’s the thing, you absolutely do not want to see this new pattern of late-day sell-offs become a thing. They are the absolute worst, much worse than opening gaps down. They signal fatigue and a lack of enthusiasm once…
The Messiahphone Arrives
I’ll be avoiding the majority of the hype today over the iPhone 5 launch and Barry and I have a client in town and bone-in ribeye steaks are on the menu. The details have already leaked anyway, here’s Zack Whittaker on cnet: Apple’s next-generation smartphone will be called the iPhone 5, according to an inactive…
Demography and the Secular Bull Market in Our Future
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Hot Links: Until the Fish is Hooked
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