Archive for April 19th, 2017

“Welcome to the party, pal.”
–John McLane, “Die Hard”
For the first time in a long while, I am not short any indices and I own no leveraged inverse market ETFs.
It is not because I am bullish. I am not, as I continue to believe, looking over the balance of 2017, that the downside risk is roughly 2.5x to 3.0x the upside reward.
Indeed, the market recently has displayed obvious technical and fundamental flaws that have led to some serious markdowns of certain sectors (e.g., financials) and individual equities (e.g., IBM (IBM) overnight); we have taken advantage of some of these. Moreover,…

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Coca-Cola is possibly the world's most recognizable brand, an almost inescapable symbol of the global appeal of American-style consumer culture.

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On a predictably gorgeous South Florida afternoon, Coral Gables Mayor Jim Cason sat in his office overlooking the white-linen restaurants of this affluent seaside community

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<p>That HHGregg store near you might never be filled again — at least, not by a retailer.</p>

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The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers.

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The nation’s largest drugstore chain plans to accelerate a store renovation project, devoting more floor space to nutritious food and health products.

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The math isn't hard, and it's very helpful.

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After heading into the uncharted territory of quantitative easing, the world’s central banks are starting to plan their course through the uncharted waters of quantitative tightening.

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The biggest holders of offshore money are tech giants that don't need to spend much to expand their business

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North Korea has surprisingly managed to develop its nuclear weapons program despite being a tiny country that's isolated from rest of the world.

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President Donald Trump wants to build a wall on the southern border of the US.

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China requires skincare and cosmetics firms to submit to animal testing in government labs before regulators approve products for sale in the country.

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People living in the Northeast are more likely to give cash as a gift.

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