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3 HOURS AGO - Zero Hedge

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Two Months After Saying "Deflation Isn't Going To Happen" ECB Warns "Negative Inflation" Is Coming

Remember when on the last weekend of October, the ECB released the results from its latest farcical stress test, which contained the following pearl: "within the massive 178-page Stress Test document, there is a "whopping" 4 mentions of the word inflation (deflation appears just once). Here is what the "Stress Test" does say about inflation: "... while the adverse scenario ...

Tags: Two Months After Saying "Deflation Isn't Going To Happen" ECB Warns "Negative Inflation" Is Coming,  Euro Latest News

4 HOURS AGO - Zero Hedge

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Martin Armstrong Asks "Will They Hang Bankers Again On Wall Street?"

Submitted by Martin Armstrong via Armstrong Economics, What took place in Washington over the past two weeks with the repeal of Dodd Frank and then the effective repeal of the Volcker Rule sounds strikingly familiar to at least three previous periods in American History that led to total disaster. There were of course the Northern “carpetbaggers”, whom many in the ...

Tags: Martin Armstrong Asks "Will They Hang Bankers Again On Wall Street?",  Euro Latest News

8 HOURS AGO - Zero Hedge

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The New Boremal

From Slope of Hope: This market has had the "market" beaten out of it. If I had any sense - - or, more precisely, if I had the sense to not have any sense - - I'd just throw charts and reason out the window and dump my entire net worth into SPY calls so I could spend the next ten years cleaning ...

Tags: The New Boremal,  Euro Latest News

9 HOURS AGO - Yahoo! News

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Capital hike, asset sales to fill gap at Monte Paschi: chairman

VIENNA (Reuters) - Italian lender Monte dei Paschi di Siena expects to complete its planned capital increase by July and can use divestments to help plug a hole in its balance sheet, Chairman Alessandro Profumo told an Austrian newspaper. Monte Paschi needs to shore up its capital base following this year's euro zone health check of European banks. It plans ...

Tags: Capital hike, asset sales to fill gap at Monte Paschi: chairman,  Euro Latest News

14 HOURS AGO - Business Insider

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Capital Hike, Asset Sales To Fill Gap At Monte Paschi: Chairman

VIENNA (Reuters) - Italian lender Monte dei Paschi di Siena expects to complete its planned capital increase by July and can use divestments to help plug a hole in its balance sheet, Chairman Alessandro Profumo told an Austrian newspaper.Monte Paschi needs to shore up its capital base following this year's euro zone health check of European banks. It plans a ...

Tags: Capital Hike, Asset Sales To Fill Gap At Monte Paschi: Chairman,  Euro Latest News