a not-so-pretty picture of what’s going on in Japan, Europe, China, Russia and the Americas

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Will China resolve it’s currency situation incrementally or in one fell swoop? My friend Larry McDonald believes that the latter will happen, and that investors ought to be positioned to take advantage of the ensuing risk-off buying opportunity. Here’s Larry from his latest Bear Traps note: The Most Important Question for Investors Today If the…

“Beat on earnings, missed on revenues”

Adjust your expectations accordingly until we break in one direction or the other.

Hamilton Nolan lights up Paul Ryan re: Fiduciary Debate