Archive - Sep 27, 2015 - Story

Tyler Durden's picture

Dear Janet Yellen, Here Is All You Need To Know About The US Economy: True Unemployment Is Over 12%





Dear Fed Chairwoman Yellen: if you are still confused why there is so much slack and so little wage growth in the US economy despite the 5.1% "reported" unemployment rate, here is the answer: instead of a 5.1% unemployment rate in August, the true unemployment rate in the "land of the free" has been rising ever since the financial crisis, and is above 12% for the past three years.

 

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The Bull/Bear 'High Stakes Poker' Game Is Down To The Final Table





High stakes poker, winner takes all. Traders better have their trade plans ready: The next 3 weeks will likely determine whether we enter a lengthy bear market or whether bulls can use coming positive seasonality to avert a major market break one more time. As the following charts show, by the end of October we shall have confirmation one way or the other...

 

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A German Explains Why VW's "Moral Demise" Is A Burden For The Entire Nation





Having not only the economic, but also the cultural importance of VW in mind, it becomes clear why the scandal is hitting Germany so hard and why there is the fear that the image of the country and its industries as a whole might suffer.
 

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In "Sweeping" Interview, Putin Calls US Syria Strategy "Illegal", Details Russia's Support For Assad





"In my opinion, provision of military support to illegal structures runs counter to the principles of modern international law and the United Nations Charter."

 
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