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kenleander commented Feb 9, 2017It spiked up on the US tax relief announcement. Not this.
Fed's Bullard says rates can remain low through 2017
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kenleander commented Feb 9, 2017So much for bitcoin being beyond reach of government.
Bitcoin is tanking after Chinese exchanges block withdrawals
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kenleander commented Feb 9, 2017Oil won't hold a tight $4 range for long. It's just not that complacent.
Why Crude Oil Rising Despite Higher US Inventories?
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kenleander commented Feb 8, 2017BDTI (dirty tanker) shipping prices are down 21% since the first of the year which means oil is becoming saturated again. Big oil might support prices for a while, but a correction is looming. If shipping price continues to fall, I think we'll see ...
EIA reports a much bigger-than-expected rise of 13.8 million barrels in U.S. crude supplies
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kenleander commented Feb 8, 2017Apparently oilprice.com can't read a chart. There was hardly any dip before oil shot up a dollar at 10:45 EST.
Oil Prices Plunge After EIA Reports Massive Crude Build
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kenleander commented Feb 8, 2017And yet the market just sloughed it off.
EIA reports a much bigger-than-expected rise of 13.8 million barrels in U.S. crude supplies
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kenleander commented Feb 8, 2017Not that I would believe ANYTHING from Huffpo but DC spends $300 billion / month. And the left wing thinks we should allot even more money to those lunatics.
Trump reportedly called his national security adviser at 3 a.m. to ask if the US wants a...
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kenleander commented Feb 8, 2017"In her libel case, she accuses the newspaper’s website of running an article that said her “well-publicized professional modeling career in the 1990s was a ruse” to cover her work as an “elite escort” in the sex trade." First Lady or not, if the ...
Melania Trump Sues Mail Online for $150 Million
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kenleander commented Feb 8, 2017The cost of greek summer olympics 2004 was 9 billion euros. That's a vast sum of money thrown away with little to no return and completely unaffordable for a little country like Greece with an annual revenue of about 54 billion euros. So shame on ...
The IMF Staff Has It Right on Greece
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kenleander commented Feb 7, 2017Spend like there is no tomorrow and sure enough there won't be.
Greece's debt costs rise sharply as worries grow over IMF role
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kenleander commented Feb 7, 2017"militants backed by Mugabe seized white-owned farms" No sympathy for Mugabe here. And I'll bet the rest of Africa won't give a damn about Mugabe's racist government either.
‘Death Spiral’ Looms for Zimbabwe Economy as Cash Runs Out
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kenleander commented Feb 7, 2017Recent dollar appreciation? The dollar has been falling since the beginning of January.
Bundesbank's Weidmann says must end loose policy as soon as inflation allows
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kenleander commented Feb 7, 2017There were two jumps in the pound, one at about 11 EST and the second seventeen minutes later. The first jump was probably insiders. The second was the masses. News driven changes in currency evaluations make trading Forex highly problematic. ...
Pound pops at the fix as May cosies up to China
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kenleander commented Feb 6, 2017A “return to monetary sovereignty” , or as I would call it, "the coin wars." Europeans love to brawl.
This Is Le Pen’s Plan to Break Up the Euro and Make France Great Again
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kenleander commented Feb 1, 2017No, banks make more money from higher rates and the Fed can sell off some of it's 4.5 trillion in acquired debt. But hiking (raising) rates won't help the US economy. We can't even use more that 75% of present capacity. The Fed can pretend the US ...
FOMC Statement
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kenleander commented Feb 1, 2017The US capacity utilization rate has been sinking for the last 18 months. The only reason for hiking rates is to lighten Fed debt and keep the banks happy.
FOMC Statement
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kenleander commented Jan 31, 2017Should the Fed hike rates to slow down a dead economy? I don't see why. There is no danger of the US economy surging. Main Street is on life support.
Fed to hold interest rates while Congress debates stimulus
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kenleander commented Jan 31, 2017"Policymakers did not recall the lesson of the Great Depression and weakened the financial pipes before the financial crisis. Policymakers did not recall the lessons of the 1920s about the disparity of income and wealth and the political blowback ...
Trump and the Dollar