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Over the weekend, there has been some consternation over the report that the CEOs of the 6 largest US banks: JPM, BAC, GS, MS, C and WFC, collectively made $96.1 million in 2013, more than $86.3 million the year before and the most since the

While the so-called "experts" were adamant in repeating that one must ignore all Q1 economic data (because of harsh weather you know), one thing the same "experts" pounded the table on was the earnings growth in 2014 which confirmed that the Fed was

For currency traders, talk is cheap, even when the person speaking is the president of the European Central Bank. Mario Draghi’s suggestion this weekend that the ECB may ease policy to address the euro’s advance marked a strengthening of a position

Despite the best efforts of the straight-line panic buying algos on a Tuesday, it seems flashing red headlines of dreadful escalations in Ukraine (more deaths), from Bloomberg: 11 REPORTED DEAD DURING UKRAINIAN OPERATION IN KRAMATORSK: RT UKRAINE

As stocks once again flip-flop from manic depressive to manic impressive; heading into the last few hours of the day, we thought we would simplify the art of trading a little with the following flowchart... And in case you are an algo, here it is

Another day ending in "y" means another day in which Putin plays the G(roup of most insolvent countries)-7 like a fiddle. The latest: Europe should provide aid to Ukraine to ensure uninterrupted natural-gas deliveries to the region, President

There was a time not so long ago when the income gap between the rich and the poor was shrinking and many near the bottom of the economic ladder moved into the middle class. Between 1910 and 1950 inequality declined, largely as a result of two World

Here’s a guy you want to bet on– Li Ka-Shing. Li is reportedly the richest person in Asia with a net worth well in excess of $30 billion, much of which he made being a shrewd property investor. Li Ka-Shing was investing in mainland China back in the

If you want to know what someone’s views of society are, ask what they believe is the best long-term investment. I am fascinated each year when Gallup Poll asks Americans to choose the best option among real estate, stocks and mutual funds, gold

There is a reason why while Germany has been delighted to keep the Euro as its currency, in the process keeping a substantial discount to where the Deutsche Mark would be trading if it weren't for the implicit FX subsidies by ther Eurozone members

Warren Buffett’s favorite indicator of economic growth continues to gain momentum here in the early spring. The latest year over year reading from AAR shows a 9.3% increase in rail traffic. This brings the 12 week moving averaged to 5.7%, the highest

Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job. The disclosure in a regulatory filing may lead to more

It almost happened in 2008... but as this excerpt from Casey Research's Meltdown America documentary notes, it appears the US military is preparing for the potential collapse of the US dollar. As Scott Taylor warns, "...if the carrot (of credit

" I think it's very likely that we're seeing, in the next 12 months, an '87-type of crash ," warns a somewhat excited sounding Marc Faber, adding that he thinks "it will be worse." The pain is just getting started as Faber notes that "the market is

It was about 5 years ago, roughly the same time we launched our crusade against HFT, that we also first made the accusation that as a result of QE and the Fed's central planning, the forward-looking, discounting mechanism formerly known as the

Following the shutdown of ILQ in the US, which mostly had IBs as clients, I had quick written interview with Vatsa Narasimha, Executive Vice President and Chief Strategy Officer at OANDA Corporation. Narasimha notes that there are more stringent

With all the hoopla about missing airplanes, renewed wars of the cold variety, and rigged markets, it is easy to forget that America is now officially a totalitarian state of the Orwellian kind, where the population has - involuntarily - ceded all of

In terms of economic might, BBVA has created an index of "world market power" enabling an at-a-glance view of a nation's impact on the global economy via relevance of exports, exposure to external shocks, technological content, and retained

I didn't start out with much interest in the stock market—though, like most people, I enjoy watching it go boom and crash. When it crashed on October 19, 1987, I happened to be hovering around the fortieth floor of One New York Plaza, the stock