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“Companies in the benchmark gauge for American equities trade at 10.2 times 2012 forecast earnings, compared with the average in economic contractions since 1957 of 13.7”

Cartoon.

Below is the cover of today’s New York Post.  It’s beginning to feel as though the Occupy Wall Street movement may actually have some legs.  For those following along, these are the types of protests that should have begun in 2008, not three years after TARP and ZIRP and the 2009 bonuses and the 2010…

Video.

“This has become a common practice — whenever the (U.S.) economy is slow, whenever an election is nearing, voices in the United States pressing for the rise of the renminbi are all over…”

When I first started in the business, one of the first slang terms I came across was the word Piker, as in “so-and-so is a total piker”.

Video.

Cartoon.

“We’ve seen a lot of bear markets hit bottom and turn in October,” says Jeff Hirsch, editor in chief of Wiley’s Stock Trader’s Almanac.