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WE ARE BEING LIED TO,BUT HOW MUCH DO YOU EVEN CARE?

WE ARE BEING LIED TO,BUT HOW MUCH DO YOU EVEN CARE?

We are being lied to....The Federal Reserve has been telling us how great the economy is and how we are on track for higher rates as it continues to improve. However the markets are most definitely telling us something different.

The stress that the markets are experiencing has not been an overreaction; it is a perfectly reasonable and considered response to a series of real worries which perhaps one at a time would be manageable but grouped together look formidable.

Dollar Dumps Most In 7 Years After Dudley Doldrums

Dollar Dumps Most In 7 Years After Dudley Doldrums

The US Dollar Index is crashing the most since QE1 was unleashed in Q1 2009. Following The Fed's Dudley-isms this morning desperately jawboning some dovishness back into markets, the USD has plunged but the ubiquitous risk-on rally in stocks is very evidently missing as USDJPY soars back above BoJ NIRP levels. Today's plunge is bigger than Dec 2015's ECB fail drop...

 

As Yen soars almost 3% in the last 24 hours, US Index is plunging against all the majors...

 

By the most since QE1 was unleashed in Q1 2009...

Is WalMart In Terminal Decline? This Chart Is One More Reason To Think So

Is WalMart In Terminal Decline? This Chart Is One More Reason To Think So

We’ve spilled quite a bit of digital ink documenting WalMart’s trials and travails since the world’s largest retailer moved last year to implement an across-the-board wage hike for its lowest-paid employees.

That decision led directly to a series of unfortunate events including a move to squeeze extra savings out of suppliers and an effort to recoup the money spent on the wage hikes by - you guessed it - firing people, including dozens at the home office in Bentonville.

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