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There Is Now A Quadruple-Leveraged S&P 500 ETF

Hitchhiker: You heard of this thing, the 8-Minute Abs?Ted: Yeah, sure, 8-Minute Abs. Yeah, the excercise video.Hitchhiker: Yeah, this is going to blow that right out of the water. Listen to this: 7... Minute... Abs.

Just like the infamous 7 Minute Abs scene from Something about Mary, many had wondered for years why there is no ETF that allows retail investors to lose money even faster than with the existing inventory of various triple-leveraged passive investing offering.

To Italeave Or Not? Confused European Traders Shift Attention Away From France

To Italeave Or Not? Confused European Traders Shift Attention Away From France

A quick glance at the soaring Italian stock market and one would have faith in the future of the euro, with Alitalia just a 'storm in a teacup'. However, bond traders are as worried about political uncertainty as ever with Italian bond risk surging to over 3 year highs.

As Bloomberg reports, the FTSE MIB Index is trading near a 15-month high after ex-Prime Minister Matteo Renzi resoundingly won back the leadership of the Democratic Party.

As The Puerto Rico Lawsuits Begin "A Bankruptcy Is A When, Not An If"

As The Puerto Rico Lawsuits Begin "A Bankruptcy Is A When, Not An If"

Last July, Puerto Rico defaulted on hundreds of millions in debt, however under the PROMESA federal rescue law put together in the last minute, creditor litigation was put on hold - a kind of deferred debtor protection without the actual bankruptcy. The law was meant to encourage Puerto Rico and its federal financial oversight board to negotiate debt-cutting agreements with creditors.

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