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CL Spec

As seen in: Zero Hedge
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Articles by CL Spec

JPM "Shaves" First Half GDP By 0.5% Due To Weaker Durable Goods And Consumer Spending

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By Sprott Money, Phoenix Capital., Tyler Durden, CL Spec
| Zero Hedge
Remember when 2016 was the year when the US economy was finally supposed to take off on "above trend" growth? Make that 2017. Here is JPM's chief economist Michael Feroli doing what banks are so good at doing: cutting their own US GDP growth forecasts. We are shaving about a half percentage point off of our estimate for first half US real GDP growth. We estimate Q1 GDP increased at a 1.2% annualized pace (down from 2.0%), and we project Q2 GDP growth at 2.0% (down from 2.25% prior).
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Full Scapegoat Retard: Trader Arrested For 2010 Flash Crash

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By Phoenix Capital., Tyler Durden, Urban Redneck, CL Spec, Hype Alert
| Zero Hedge
Remember when the SEC, and specifically the agency's former lead HFT investigator Greg Berman, blamed the entire May 2010 Flash Crash on Waddell & Reed (and not HFT)? Well, it is time to change the entire narrative once again, in yet another attempt to 'restore" confidence in a rigged and manipulated market. The scapegoat? Navinder Singh Sarao.
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Saudi Stocks Are Plunging Following Rejection Of Russian Embargo Proposal; Death Toll Mounts

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By Tyler Durden, Latina Lover, CL Spec, Max Steel
| Zero Hedge
Earlier this morning, RT reports that Saudi Arabia rejected Russia’s amendments to a Security Council draft resolution which would see an all-inclusive arms embargo on all parties in the Yemeni conflict. Saudi stocks did not like the news and began to tumble - now down over 3%, back at January lows as the fighting continues to spiral out of control with civilian death toll climbing.
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Frontrunning: December 3

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By Tyler Durden, CL Spec, Bohm Squad
| Zero Hedge
* Heightened tensions between Russia and the United States are hampering their cooperation in space, adding to the problems of an American space industry reeling from the crashes of two commercial spacecraft this fall. (http://on.wsj.com/1vgqj0R) * House GOP leaders worked to build support among Republicans for a plan to avoid a government shutdown, seeking to deliver on their promise to step away from entrenched budget brinkmanship.
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