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Risk Index Spike Means Carry Trade ‘Sell-off,’ Barclays Says – BusinessWeek A gauge of risk has surged to the highest level in 15 months, signaling investors are reversing strategies of borrowing money in countries with low interest rates to invest in high-yielding assets, Barclays Plc said. (tags: forex trading_strategy carry_trade) A quintuple nine-to-one up day … Read more

The 2004 Fed Transcripts: A Methodical, Diabolical Destruction of America's "Wealth" The Federal Reserve releases transcripts of the Federal Open Market Committee (FOMC) meetings with a five-year lag (as required by law, the Fed would like to burn them). Transcripts for 2004 meetings were released on April 30, 2010. The Dow Jones Industrial Average fell … Read more

Gold hits all-time high as investors seek haven – FT.com / Commodities Traders and coin dealers said buying was exceptionally strong from German and Swiss investors. In Frankfurt, gold sellers said that demand late last week was three to four times normal levels. The spike appears to reflect concerns in Germany about the potential inflationary … Read more

Investors Hurt by Stock Freefall May Have to Live With Losses – CNBC Investors caught on the wrong side of trades in last week's market freefall may have to live with their losses. (tags: stock_market trading)

Bull Market Signaled by Oil Stocks at 19 Times Profit (Update1) – Bloomberg.com The 39 energy producers and equipment makers in the Standard & Poor’s 500 Index have traded at an average 19.1 times earnings in 2010, compared with 17.8 for the index. The last times they had higher valuations in 1994, 1999 and 2002, … Read more

Bias in SEC's fraud case against Goldman Sachs? – Contrarian Chronicles The players on both sides of the trade that the SEC has targeted knew the risks and knew one side was bound to lose. It's far from the worst sin of this mess. (tags: fraud GoldmanSachs SEC)

China inflation target may be out of reach: economist | Reuters China stands little chance of hitting the government's target of keeping inflation below 3 percent this year, a senior government economist said on Saturday. (tags: China inflation economy) Capitulation! | The Mess That Greenspan Made Spotted over at The Reformed Broker, one trader happened … Read more

Market Drop Fueled by a Crisis, a Glitch and Anxiety – DealBook Blog – NYTimes.com Combine one part nervous traders, one part Greek crisis and one part trader error. Stir in one part central bank complacency. Bring to boil. Panic. (tags: stock_market technical_analysis sell-off)

EconomPic: Not Sustainable Real consumption is far outpacing real compensation – an unsustainable divergence. (tags: economy consumer_spending income) Trichet May Need to Rewrite ECB Rule Book to Tame Greek Threat – Bloomberg.com European Central Bank President Jean- Claude Trichet, who capitulated on a January pledge not to relax lending rules for the sake of one … Read more

"Buy" Means "Sell" in Goldman's World – MoneyShow.com The whole exercise proved how removed Goldman and Wall Street are from the most basic standards by which the rest of us to do business, and how unaware they seemed to be of it. Except occasionally for Blankfein and Viniar, Goldman’s witnesses couldn’t say whether what they … Read more