Dow Average Rises to Record as Jobless Claims Decline – Bloomberg 03-07-13

Salient to Investors: Robert Lutts at Cabot Money Mgmt the underlying support for the labor market is driven by housing and potentially construction finally returning. Lutts said QE and lower interest rates are finally having an impact as signalled by the stock market. Troy Logan at Warren Financial Service said employment has stabilized – key is

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Why It’s Smart to Be Reckless on Wall Street – Scientific American 02-27-13

Salient to Investors: Ex-trader Chris Arnade writes: The asymmetry in pay is the engine behind many of Wall Street’s mistakes and rewards short-term gains with disregard to long-term consequences. The result is over-reliance on excessive leverage, banks loaded up with opaque financial products, and flawed trading models. Wall Street’s pay

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Gold Swings as Investors Weigh Stimulus Against Dollar – Bloomberg 03-04-13

Salient to Investors: Lance Roberts at Streettalk Advisors said it seems accommodative monetary policies are here for some time. Standard Bank said physical gold demand picked up markedly below $1,600. Read the full article at http://www.bloomberg.com/news/2013-03-04/gold-snaps-three-day-decline-as-data-signals-extended-stimulus.html Free email alerts of articles as soon as they are posted.

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