Author: super@dmin
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Key Words: ‘This will end poorly’, says J.P. Morgan strategist about a boom in arcane debt on Wall Street
Much has been made about the growing threat of one corner of the credit market on Wall Street, which has been displaying many of the hallmarks of a bubble.
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The Wall Street Journal: Federal Reserve to end pass/fail lending system to financial firms
The measure would change the firms ability to keep lending during a large downturn.
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The Fed: Fed votes not to impose capital buffer on banks
The Federal Reserve on Wednesday voted not to activate the countercyclical capital buffer on the largest banks in the country, a sign the central bank doesn’t believe there’s a problem with financial stability.
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The Tell: Beware the ‘Japanification’ of Europe, warn ING economists
The eurozone is beginning to resemble Japan with its low growth and inflation environment, coupled with some still very loose monetary policy, according to economists at ING.
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Harry Boxer’s stocks to watch include Canopy Growth, Roku
Four stocks are catching momentum.
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Judge green-lights the collection of company salary data on gender and race
Advocates call the ruling a big win, while a business group calls it a major expense with no purpose.
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Cryptos: Starbucks accepting bitcoin could create one grande headache
A cup of coffee might cure a headache for some, but for those championing the news you may soon be able to pay for your latte with bitcoin, an even bigger headache may be on the horizon.
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Economic Report: Fed’s Beige Book report finds ‘slight’ growth in many regions as government shutdown depressed activity
Ten of the 12 Federal Reserve bank districts say ‘slight to moderate’ growth in late January and February, according to the central bank’s Beige Book report released Wednesday.
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Economic Report: More new-home sales are for houses that haven’t even been started yet. That’s not a good thing.
The share of new-home sales that were for houses not even started yet reached a one-year high, but one economist who cheered that measurement earlier in the housing cycle now thinks it shows something very different.
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Here’s why lessons learned from the 10-year bull market in stocks could hurt you
It was an unprecedented decade. And the future probably won’t resemble the past.