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Finance


5 hours ago (via zerohedge.com)
Submitted by SM Gibson via TheAntiMedia.org,As Donald Trump inches closer to the Republican nomination, GOP insiders scramble to put a halt to the billionaire’s run for the White House. A new lawsuit filed in the state of California could prove to be the ultimate act of desperation by a frantic establishment willing to go to any lengths to end Trump’s bid for the Ov

5 hours ago (via zerohedge.com)
So much for QE as the answer to the EU’s problems. In 2012, during the depth of the EU banking crisis which nearly took the entire EU financial system down, Mario Draghi stated that he would do “whatever it takes” to hold the EU together. Anyone paying attention knew that this was a bluff. True, the ECB and EU leaders had already defied if not broken every condition of

5 hours ago (via zerohedge.com)
One week after Austria was shocked by the news that its right-wing, anti-immigrant Freedom Party, had swept the competition, gathering over 35% of the vote and leaving the other five candidates far behind, Europe's anti-immigrant juggernaut just added to its momentum when neighboring Germany's populist AfD party adopted an anti-Islam policy on Sunday in a manifesto that also demands curbs to immig

5 hours ago (via zerohedge.com)
  Contrary to what many maintain, The FED is not made up of irrational, unintelligent completely clueless policy makers, who have utterly no idea what they are effecting. Let's get real, they certainly know exactly where their preconceived monetary programs are taking us.  After all, understanding the ramification of their money machinations is not rocket science.  The fa

5 hours ago (via zerohedge.com)
By Nick Colas of Convergex10 Stats About The Last 10 YearsThe headline this week that Goldman Sachs’ stock has gone nowhere for a decade got us thinking about general market performance over the last 10 years. The key contours are straightforward: subpar price returns (a 4.9% compounded annual growth rate for the S&P 500) with increased volatility (a VIX that is 25% more volatile than averag

5 hours ago (via zerohedge.com)

7 hours ago (via zerohedge.com)
In his final address to the White House correspondents dinner also known as "nerd prom", Obama embraced his last chance at a snarky, hyperbolic, comic monologue and used the stage to unleash a series of one-liners at 2016 presidential candidates in both parties, the media and his own career as president.  "It is an honor to be here at my last, and perhaps the last, White House Correspondents'

7 hours ago (via zerohedge.com)
A CSX freight train has derailed in Washington D.C.., near the Rhode Island Avenue Metro station Sunday morning leaving several cars overturned and resulting in a leak of hazardous materials.Doug Buchannan, a spokesman for the D.C fire department, said as many as nine cars have derailed and at least three are leaking hazardous material. The incident happened at 6:40 a.m. Sunday. According to WTOP,

7 hours ago (via zerohedge.com)
The non-European countries always enjoy themselves by pointing fingers at the weaker European countries as the main culprits of the current economic crisis and Greece, Spain and Portugal are always being targeted as ‘worrisome’ countries. Even China, which is still experiencing a growth rate of 6% is being used as a reason for the weak world economy. However, the situation of the US economy is

18 hours ago (via zerohedge.com)
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