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Private-Equity Tycoons Look Like Geniuses
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 - Mar 04, 2013

A recent news story confirms that paper-shuffling is still by far the highest-paying job in America. A Jumbo Payday for Deal Titans was last week’s big story from the smoke-and-mirrors aerie of ...

 
The Mounting Case For A New Bear Market
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 - Mar 04, 2013
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It is ironic that right when most Bears where capitulating, a geopolitical event in a small country far away from the US started something that may potentially lead to the next Bear Market and ...

 
Basel/IOSCO ‘Near Final’ Proposal
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 - Mar 04, 2013

The Basel Committee on Banking Supervision and the International Organization of Securities Commissions have jointly issued a second consultative paper that they are calling their “near-final ...

 
The Great Backpedal: The World Has NOT Come To An End
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 - Mar 04, 2013

Now that the “sequester” is in effect, horrid budget cuts will befall the US economy and tear it to smithereens. It would be the end of the world as we know it. 750,000 people would suddenly lose ...

 
What Caused The Temporary Spike In Personal Income?
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 - Mar 04, 2013

The drop in personal income last week got some media attention, particularly given that it was the largest one-month drop in 20 years. USA Today: Personal income growth plunged 3.6% in January, the ...

 
Quebec: Trade Deficit Widens In December
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 - Mar 03, 2013

FACTS: The Institut de la statistique du Québec reports that Quebec’s trade deficit widened in December for the first time in four months (top chart). The value of exports fell $281 ...

 
Q4: Canadian Economy Expanded 0.6%
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 - Mar 03, 2013

FACTS: The GDP grew 0.6% annualized in Q4, leaving Canada's GDP growth rate for 2012 at just 1.8%, the worst since the 2009 recession and underperforming the US (2.2%) for the first time in six years....

 
Canada: Current Account Deficit Financed By Short-Term Inflows
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 - Mar 03, 2013

Canada’s broadest measure of trade, the current account, showed a deficit of C$17.3 bn in last year's Q4. For 2012 as a whole, the current account deficit was a record C$66.9 bn as both the ...

 
Quebec: Real GDP Up 0.1% In November
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 - Mar 03, 2013

NUMBERS: The Institut de la statistique du Québec reports that Quebec real GDP at basic prices edged up 0.1% in November, trailing Canada as a whole (0.3%), after gains of 0.3% in October and ...

 
US Manufacturing Sentiment Strengthened
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 - Mar 03, 2013

The manufacturing sentiment keeps on strengthening in the US, as showed by another increase in the ISM index in February, confirming that the global manufacturing cycle turned for good. This ...

 
Inconclusive Results In Italy: Political Deadlock?
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 - Mar 03, 2013

Elections in Italy: inconclusive resultsFinancial markets and rating agencies reacted moderately … for the momentIncomprehensible election law, two years of austerity and a campaign that was ...

 
Overview: Italy, Post-Elections
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 - Mar 03, 2013

Inconclusive resultsThe results of the Italian general election were inconclusive. Mr. Bersani’s centre-left coalition won the most votes, but due to Italy’s complicated electoral system, ...

 
The Week In The US: Ready, Steady, Cut!
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 - Mar 03, 2013

The revision of Q4 2012 GDP growth estimates was smaller than we expected, mainly from the positive contribution of foreign trade (revised from -0.3 points to +0.2). In contrast, final domestic ...

 
The Week In The Eurozone: France: Budget Revisions
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 - Mar 03, 2013

The latest unemployment figures released this week for France and Germany are a cruel reminder of the cyclical gap between the two countries. In Germany, unemployment held stable at a low level of ...

 
Focus1 : Portuguese Banks: Looking Back On A Transition Year
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 - Mar 03, 2013

Efforts continue to stabilise Portugal’s banking sector, one of the pillars of the Financial and Economic Adjustment Programme alongside fiscal consolidation and the correction of external ...

 
The Economics Of Accelerating Technology And Disappearing Jobs
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 - Mar 03, 2013

Increasing the Minimum Wage – Populist Politics or a Response to Technological Reality?In his State of the Union Address US President Obama proposed that the national minimum wage be raised from...

 
Sweden: Can The ECB Save Europe From Italy?‏
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 - Mar 03, 2013

Market Movers aheadThe upcoming ECB meeting should be a non-event as far as rates are concerned, but it will renew focus on the political situation in Italy where it is crucial that the ECB is still ...