It is the 21st of July 2017

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Nasdaq Limps To Best Run Since Feb 2015 As Bitcoin Surges Most In 13 Months

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Despite Bank of Japan and ECB talk, and thanks to a tanking VIX, the new normal of utter tranquility in markets continued...

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CBO: Straight Repeal Of Obamacare Would Increase Uninsured By 32 Million

One month after the CBO scored the now defunct Senate healthcare bill, forecasting it would increase the number of uninsured by 22 million while cutting the budget deficit by $321 billion over the next ten years, moments ago the CBO released its latest score of what a straight repeal of Obamacare would look like. In short, doing away with the Affordable Care Act, would increase the number of uninsured by 32 million by 2026, while reducing the budget deficit by $473 billion in the CBO's view.

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Is The BoJ About To Shock Markets Anew Tonight?

Nikkei Asian Review's William Pesek wonders if the BoJ is about to shock the markets again as pressure is mounting on Kuroda to save Abenomics...

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IBM Reports 21st Consecutive Quarter Of Declining Sales, Record Low Effective Tax Rate

Last quarter, IBM almost fooled the market when it "beat" but only thanks to using the lowest (until then) effective non-GAAP tax rate in recent history (excluding one charge-filled quarter when the rate was negative and thus N/M).

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