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Mike Larson
As you read this, the world’s elite money men and women are cozied up in Jackson Hole, Wyoming. They’re tucked away in hunting lodges, the country version of the Ivory Towers they’re used to inhabiting. And they think they’re safe … That they’re in complete control … That the Old Guard world they’ve created is going to last as far…

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MARKET ROUNDUP
Dow +60.43 to 17,039.56
S&P 500 +5.87 to 1,992.38
Nasdaq +5.62 to 4,532.10
10-YR Yield -0.019 to 2.407%
Gold -$17 to $1,278.20
Crude Oil +$0.59 to $94.04
When I bought my first home in 1999, I used a 15-year mortgage. Why? I could get a lower interest rate than I could with a 30-year loan. I’d build equity…

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A big deal is being made in the social media front about the $XLF “breaking out” technically today as if that is suppose to mean something.  ETF’S are for the most part mean reverting vehicles, in which I’m more incline to buy them once they pull back and look “ugly”, not when they breakout after being up 4 days in…

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By EconMatters  
No Financial Crisis
This is one of my main criticisms of central bank policy, especially the last three years when there was no financial crisis but all the central banks continued to keep interest rates at recession era levels which has incentivized inappropriate uses of capital allocation, and this money being used for yield arbitrage plays would …

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Mike Burnick
The headline from last Thursday’s Wall Street Journal read: “Global Gold Demand Down 16%” quoting recent data from the World Gold Council (WGC) to explain why “global demand for gold slumped … ” but the facts from the actual report aren’t nearly as bearish as this headline suggests. First, according to data from the WGC, demand for the yellow metal…

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Although for many it won’t matter, here’s what the F_E_D not only said, but has been saying for well over a year now and “D-Day” is not only coming, we may have actually just passed it.
In the F_O_M_C minutes released at 2 p.m. today one of the bullet points was voting members were uncomfortable with forward guidance, this is …

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MARKET ROUNDUP
Dow +59.54 to 16,979.13
S&P 500 +4.91 to 1,986.51
Nasdaq -1.03 to 4,526.48
10-YR Yield +0.021 to 2.426%
Gold -$4.50 to $1,292.20
Crude Oil +$1.59 to $96.07
Many investors think it’s easy to make money from the energy markets. If energy prices are going up, they figure they can just log on to their online brokerage account ……

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Mike Burnick
To listen to the opinion-makers poring over this season’s results of retailers, you might think that the sector is a third-rail industry to invest in right now. But I remain sanguine about the near-term future, and see some opportunities developing in the area. And I have some pretty strong names highlighted by their elevated Weiss Ratings to choose from. A…

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Despite all the public worries about the market, the $SPY is on the cusp of making a brand new 52-week high. I ran a quick study of the 10-days following every 52-week highs of the last two years to see if there’s anything useful to trade around.  The full report is at the bottom of the page but here’s what stands out to me.…

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By EconMatters
Push the Limits
It has been a common theme in financial markets to push the limits on any possible edge, so if there are restrictions on banks and financial institutions use of leverage, lobby for change, or if activity falls under a certain governmental regulation, alter the activity so that it is classified under a different interpretation so …

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Global Market Comments August 20, 2014 Fiat Lux Featured Trade: (THE EURO BREAKS DOWN), (FXE), (EUO), (TLT), (APPLE BREAKS $100), (AAPL) CurrencyShares Euro ETF (FXE) ProShares UltraShort Euro (EUO) iShares 20+ Year Treasury Bond (TLT) Apple Inc. (AAPL)

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Bill Hall
There is no doubt about it: We have experienced one of the great bull runs in history — already 5¼-years old. On March 6, 2009, the S&P 500 was 676.53; on May 31, 2014, it was 1,923.57. Total price appreciation: 284 percent. Compounded annual price appreciation: 22 percent! These are astonishing numbers for any era, for any market, but especially…

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