The Traderszone Network

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Having previously explained how China’s hard landing has begun, former ABN AMRO chief investment stratgist Richard Duncan warns of a “severe and protracted” slump is ahead as “this enormous gap between investment and consumption means China’s economy is now wildly unbalanced.”

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Hot on the heels of
HSBC forecast RBNZ will remain on hold at their June meeting
Westpac Economics says RBNZ on hold at the June 9 meeting, but will cut the cash rate by 25bps in August

  The bulls need a close at 2100 or better for starters Dow +2.47 at 17789.67, Nasdaq +4.20 at 4952.25, S&P+2.37 at 2099.33 Today  started on a lower note as equity futures responded to a negative bias in international markets. Overnight, Japan’s Nikkei (-1.6%) led the retreat after Prime Minister Shinzo Abe announced that he […]

The post This Action Is Mind Numbing appeared first on UpsideTrader.

Jim Cramer covered the consumer, and the misunderstanding between Wall Street and the dollar stores.

Bill Gross was on the wires last week () saying:
Japan’s huge debt pile – Bill Gross says there’s only 1 way out
The drumbeat of debt monetization is getting louder … Adam was banging on it over the weekend:

Oracle was sued by a former senior finance manager who claimed she was terminated for complaining about improper accounting.