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Enki Anu

As seen in: Zero Hedge
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Articles by Enki Anu

Bear Market Rallies & Bailing-Out Bad Behavior

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By Sprott Money, Tyler Durden, Enki Anu
| Zero Hedge
As expected, the market was oversold enough going into last Friday to elicit a short-term reflexive bounce. Not surprisingly, it wasn’t long before the “bulls” jumped back in proclaiming the correction was over. If it were only that simple. First, as I have discussed in the past, market prices remain in a “trend” until something causes that trend to change. This can be most easily seen by looking at a chart of the S&P 500 as compared to its 400-day moving average.
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Here's How Much The Strong Dollar Hurts US Companies

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By Phoenix Capital., Sprott Money, Tyler Durden, Enki Anu
| Zero Hedge
“At current spot rates, we would expect a significant impact to revenue and profit again in 2016.” —Martin Schroeter, CFO of IBM We’re in the middle of earnings season, and one of the themes I am hearing over and over from American companies is how the strong dollar is killing their profits. How strong? Since mid-2014, the US dollar has appreciated about 15% against a basket of trade-weighted foreign currencies. In 2015 alone, it was up 12%, the biggest one-year gain since the 1970s.
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Frontrunning: January 20

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By Tyler Durden, Gold Standard I., Enki Anu
| Zero Hedge
The International Energy Agency said on Tuesday that the oil market "could drown in oversupply" from the rise in Iranian output which could threaten a further collapse in oil prices United Nations labour agency, International Labour Organisation, forecasts that the number of unemployed people in emerging and developing countries will increase by 4.8 million in the next two years.
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Oil Is Crashing | Zero Hedge

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By Tyler Durden, ZH Snob, Government need., Enki Anu
| Zero Hedge
The illiquid algo-induced idiocy that are the 'markets' is nowhere more evident than in WTI crude futures this morning... It appears the positive USD-Oil correlation has broken.
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