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ZH Evening Wrap Up 6/6/12
Some headlines from today
- Nasdaq to pay $40M for FadeBook debacle
- China definitely will implement tighter capital rules... next year
- Obama advisor gene sperling says we wouldn't be in this mess if the government would just spend more
- Hollande's first order of business is to lower the retirement age from 62 to 60
- Union money loses in Wisconsin... can someone let the members know what the ROI was on that?
On a long enough timeline
- Your daily Biderman (vs spiderman towels)
- Market once again diverges from CONTEXT, high on central planning hopeium
- Cashin on Fisher's fiscal fortitude
- Whitney Tilson, loser of investor money, & negative sharpe ratio proponent
- Rosie on how the labor market situation reinforces that a stock market =/= an economy
If you're too lazy to read, you can listen to the day's events courtesy of the financial reality
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Thank you.
Very much appreciated the News Summary. Good addition to your blog. Milestones
Nice summary! I see Silver is taking off...
What I really want to know is who is buying 30 year treasuries at 2.74%? Talk about throwing money away...
They expect to sell it at higher prices when central banks will massively buy them to lower the yield. My guess.