Venezuela’ self proclaimed interim president and President of the National Assembly Juan Guaido, speaks during a session at the National Assembly, in Caracas, Venezuela, Wednesday, Feb. 13, 2019. (AP Photo/Ariana Cubillos)ASSOCIATED PRESS The Maduro government has put Venezuela in Satan’s record books. That hellish distinction is because Venezuela is in the grip of one of
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GIANT BANKS are made, not born. Today’s American behemoths were formed by a dizzying series of deals in the decade before the financial crisis. NationsBank and BankAmerica became Bank of America. Wells Fargo joined with Norwest. J.P. Morgan and Chase melded, and then bought Bank One. The crisis brought more mergers, but out of necessity
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print-edition icon Print edition | Finance and economics Feb 14th 2019 AMONG THE adherents of universal basic income (UBI) are the Italian government, India’s opposition party and Alexandria Ocasio-Cortez, a Democratic congresswoman in America. Boosters argue that a minimum income would be a safety-net for people in precarious jobs—eg, those at risk of being displaced
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GETTING KILLED in a video game, receiving unfair treatment from a teacher, seeing a relative go to jail: the teenagers taking part in Chicago’s Becoming a Man (BAM) initiative admit to a variety of frustrations, some trivial, some tragic, that can stir their anger. The initiative, which teaches young men how to regulate their emotions,
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US still working through the backlog of data Monday is a holiday in NY and a light calendar day world wide.  Other than that, the US is still working through the backlog of data.  So some of the releases are still “old news”.  What’s on tap: Tuesday: Australia Monetary Policy Meeting minutes, 0030 GTM/7:30 PM
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Understand the mood of the market Emotions are the key to understanding financial markets. However, it’s tough to make rational decisions based on them. Even if you think you read your emotions or other peoples emotions, you may get lost in trying to comprehend the feelings of the crowd. And the market sentiment is the
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Consumer Confidence Talking Points: The overall index climbed to 95.5 from 91.2 in January, possibly due to the stock market’s rebound Long-term inflation expectations fell to the lowest level in the past half century Despite the increase, the index is still notably lower than recent months after January’s decline See how IG clients are positioned
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