prudentbear.com Purchases of U.S. Existing Homes Fell in June for Second Month Jobless Claims in U.S. Increased More Than Forecast Euro Passes Own Stress Test as Bank Examinations Loom Euro Rises Against Dollar; German Confidence Unexpectedly Jumps Oil stays above $79 on stocks, Gulf storm Stock index futures point to higher open on Wall Street "Regulation of derivatives transactions that are privately negotiated by professionals is unnecessary." by Doug Noland | Jul 16 The dollar was hit hard, and market worries returned by Martin Hutchinson | Jul 19 The Effects of Government Fiddling Governments are manipulating official statistics and their uses to make themselves look better and in some cases renege on previous promises to their electorates. by Satyajit Das | Jul 8 Nowhere to Run, Nowhere to Hide! The best course of action for Greece would be to "temporarily" (that is, for the next several hundred years) opt out of the euro and unilaterally re-denominate its debt into the "new" drachma. by Peter Schiff | Jul 20 The truth is we cannot spend our way out of our current crisis, no matter how great a spectacle we create.Market Movers
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