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Michael Bloomberg Becomes The First Person To Donate $1 Billion To A Single...
Michael Bloomberg just announced a massive gift on the order of $350 million to Johns Hopkins University, which is his alma-mater.According to the press release, he has now given over $1 billion to the...
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Wall Street's 'Eat What You Kill' Motto Is The Only Way To Live
An anonymous commenter named “Frank” wrote on an article I wrote yesterday, “Every time Altucher opens his mouth or posts commentary, he subtracts from the sum total of all human knowledge.”Frank is...
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Two Funny Cartoons That Perfectly Capture Why People Are Still Worried About...
Nothing too crazy has happened in the world of high frequency and algorithmic trading in a while, but that doesn't mean everyone on Wall Street has stopped worried about their discontents.Perhaps...
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This USA Today Infographic Will Make Every Investor Cringe
This mass media headline should make any institutional investor cringe - as contrarian flags begin to go up.Source: USA Today (via the ISI Group)Please follow Money Game on Twitter and Facebook.Join...
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What It's Like To Be At Davos If You're Nouriel Roubini
Noted economist Nouriel Roubini was the No. 1 Tweeter on the "Leader Board" at the World Economic Forum in Davos for quite some time. Roubini was Tweeting up a storm at the high profile event that...
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And Now, Here Comes A Massive Week For The Global Economy
Heads up.This is going to be a huge week for the global economy.There's been a lot of talk about recovery, bullishness, and the end of the crisis.Now it's time to see where the data is.Via Yahoo...
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Here Are The Big Stories That Traders Are Reading This Weekend
Dave Lutz of Stifel, Nicolaus sends along the top stories that traders are reading this weekend.We summarize in bullets.Davos groupthink. Everyone agrees that the crisis is over. (BusinessWeek)George...
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IT'S OFFICIAL: The World's Elites Declare The Global Economic Crisis To Be Over
We've been saying for a while that the age of crisis was coming to an end. And now the world's elites have made it official.The economic crisis is over.From Peter Coy and BusinessWeek:The hive mind of...
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PAUL RYAN: 'The Sequester Is Going To Happen'
Republican House Budget Chair Paul Ryan has predicted a grim outcome for the next fiscal cliff battle. "We think these sequesters will happen because the Democrats have opposed our efforts to replace...
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An Anonymous Glencore Commodities Trader Posted A Fabulous Map Of Where The...
An anonymous commodities trader at Glencore did a Reddit Ask Me Anything where he answered a bunch of questions about what it's like to work at a big commodities trading shop (via Izabella...
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Is This Gleaming New Building A Sign That The Bond Market Is About To Crash?
Something we've written a lot about around these parts it the "New HQ curse."Right around the time a company unveils a gleaming new HQ, the company then turns and does a swan dive.The headquarters of...
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The Conversation At Davos That Actually Mattered To Financial Markets
SocGen's Michala Marcusen has a great paragraph on Davos in her latest weekly note.A more confident mood marked this year’s Davos meetings, but new concerns relating to unconventional monetary policies...
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GMO: China Is Marching Toward A Massive Credit Crisis
China has passed many reforms aimed at easing capital controls. But these are being rolled out slowly.A meager deposit interest rate has forced people to turn to wealth management products and other...
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Chinese Communist Party Publication Says Capitalism Is Approaching Its End...
Ever since the 18th Party Congress in November, China pundits have argued over whether the new leadership will or will not bring about new reforms.Earlier this month, we highlighted some important...
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Markets Are Going Nowhere After HUGE Session In China
Markets are pretty tame this morning.US futures aren't going anywhere.Europe is mixed with no real sense of direction.The bigger action was in Asia.Japan fell 1%.On the other hand, China surged...
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The Surest Sign Yet That The US Deficit Wars Are Coming To An End
Something we've been tracking lately is the fact that folks on both sides of the aisle are talking less and less about the urgent need to slash the debt right now.It's still a widely held belief that...
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Earnings Season Has Been Great So Far — And Here Are The Numbers To Prove It
From Dan Greenhaus at BTIG, a great rundown of earnings season stats so far: Earnings Update: Approximately 150 S&P 500 companies have reported thus far while another 110 or so will report during...
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There Are Two Currencies Now That Everyone Hates
By now you must already know the deal with the sagging Japanese yen.Japan has a new Prime Minister who has embarked on a promise of aggressive fiscal and monetary easing in order to beat deflation.The...
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Check Out The Insane, Parabolic Surge In Japan's 'Mothers' Index
Japan's main stock index, the Nikkei, has been on a surge since last autumn.But if you want to see action, check this out.Japan's small-cap index is called the MOTHERS index, and SocGen points out in a...
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Reminder: This Is Going To Be A Huge Week For The Global Economy
We wrote about this yesterday, but if you're just tuning in now, here's a reminder that it's going to be a huge week for the economy.There's been a lot of talk about how the economy is mending. Now...
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