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| | | ... ends."... when she testifies before the US Senate Banking Committee tonight and the House Financial Services Committee tomorrow night. But before that, we've already heard ECB President Mario Draghi's comforting words. Just last night, Super Mario told ... |
| | | | ... when it was branded a "liar" by Eurostat back in April 2010. On 23 April of that year, I typed: "Eurostat revealed last night that it discovered that Greece's 2009 budget deficit was 13.6 per cent of GDP - higher than the government's own forecast of ... |
| | | | ... right (eye)balls that Aunt Janet Yellen would and... she could. You, I and Irene were reminded again of this again last night with the release of the minutes of the Federal Open Market Committee's (FOMC) 17-18 June meeting. The financial press mostly ... |
| | | | HOSTPLUS' infrastructure investment option for self-managed superannuation funds (SMSFs) is ready to go, pending the approval of the Australian Prudential Regulation Authority (APRA), the fund's chief investment officer Sam Sicilia has said. The option ... |
| | | | ... hike are merely that, expectations. You won't read about the sooner-rather-than-later hike in the fed funds rate in last night's explanations for why Wall Street did what it did - fall big time. It gave back all the gains of Independence Day Eve, and ... |
| | | | ... accept my apologies for writing this nonsense piece about a whole lotta nonsense about why Wall Street did what it did last night. |
| | | | It was short, but oh so sweeet! Short was last night's trading activity in the New York Stock Exchange - 3.5 hours instead of 6.5 hours -- and we all know what the sweeet was - the Dow gatecrashed through 17K to a new record, the S&P 500 rose to new ... |
| | | | WOW! Seen the latest ADP private payrolls number last night? The report showed 281,000 Americans found jobs in the private sector in June. This is the biggest monthly addition since the 293K added back in November 2012 and... it beat even the most optimistic ... |
| | | | ... early. You'd be jingling your bells and singing hallelujah too, Virginia, when you look at what happened on 'The Street' last night. Wall Street went on a tear, sending the Dow (up 0.8%), the S&P 500 (up 0.7%) and the Russell 2000 (up 1.1%) indices up ... |
| | | | ... events would then, ultimately, sending the economy to cactusville. Nice and sweet tale to tell 'eh? Especially, given last night's three-digit-point loss in the Dow. But I wonder, wonder if the very, very first commentator who shared this intellectual ... |
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