Well Played

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This morning’s payroll data came in better than expected. After economists warned that February snowstorms may have depressed payrolls by… Read more

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Thanks, Love Vikram

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This must be a first. Citigroup (NYSE:C) CEO Vikram Pandit abandoned the attitude of entitlement that has characterized… Read more

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Chicken or Egg?

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Payroll processing firm ADP reports that private employers cut jobs by 20,000 in February. That reading is in line with… Read more

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More Upside for March

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In early February, stocks looked as though they were breaking down. We had just gotten through the Dubai debt problem. China was raising reserve requirements for banks to slow… Read more

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Soros Doubles Down

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Somebody knows what do about the U.S. dollar rally we’ve seen lately.

A recent regulatory filing with the SEC on February 16 shows that George Soros’… Read more

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GDP Revised…Higher?

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The first revision to fourth quarter GDP is out this morning. And amazingly enough, it was revised higher, from 5.7% to 5.9%. This is the first time I… Read more

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Legal vs. Ethical

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Stephen R. responded to yesterday’s column:

"There is sometimes a difference between doing what is legal and what is ethical. Goldman Sachs seems to… Read more

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Munger’s “Basicland”

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There is an article at Slate.com making the rounds in the financial press. Warren Buffett’s partner at Berkshire Hathaway, Charlie Munger, penned a parable about America’s rise and… Read more

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Consolidation

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An influential German business confidence survey showed a surprise drop in the country, the first in 10 months. A cold winter has apparently hurt retail sales in Germany.

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