The Traderszone Network

Jim Cramer was amazed that the market could rally with such a negative backdrop. What does this mean for investor portfolios? Cramer explained.

The change comes as activist hedge funds increasingly seek more stable sources of funding that allow them to keep the pressure on companies for longer stretches of time. Starting Dec. 1, Trian is closing its quarterly class of shares for investors, the people said. Investors will instead have the option to lock up their money in one of Trian’s existing one-, three- or five-year vehicles, the people added.

With the release of this video, we suggest anyone living in and around Chicago ‘brace’ for potential social unrest. The Chicago Police Department has released video footage of the officer-involved shooting of 17-year-old Laquan McDonald, who was struck 16 times during a confrontation with officers.

The dashcam video, described by Cook County State’s Attorney Anita Alvarez says that this video is “graphic, violent, and chilling,” is expected to provoke a very strong emotional reaction from Chicago’s very large African-American community.

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Construction Work Done Q3 2015 in at -3.6% q/q, much lower than the consensus expectation and a slide from the previous quarter
– expected -2.0%, prior was +1.6%

Submitted by Jim Quinn via The Burning Platform blog,

Remember the hilarious 1960s movie, “It’s a Mad Mad Mad World?” Well, we live in a fake fake fake America. Politicians, economists, all MSM talking heads, Big Business, virtually every commercial that has ever aired, preachers, and on and on and on, all have one thing in common. They’re all liars and fake as a three dollar bill.

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That headline from the Australian Financial Review is a pretty good summary of the AUD in recent hours, IMO
Mike had the headline’s earlier, overnight
As pointed out by many in the comments in past days, the AUD has been resilient & breaking downtrends … and all this in the face of a renewed plummet in metals and commodities more generally

The two stocks gained 7% each as investors digested good news about the broader economy.