U.S. posts record $82.69 billion deficit in April, 19th straight month of budget shortfalls - Reuters
If you have money in a bank, treasuries etc. you probably should read this. . .
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More on Goldman's perfect quarter. . .
Eric J. Fry, Agora Financial’s Editorial Director
How is this possible? Please permit us to offer a simple explanation: It’s not.
There is something wrong with this picture…very, very wrong. And yet, Goldman trumpets this success as an example of something that is very, very right. “This is the first time we have reported zero trading loss days in a quarter,” crowed Samuel Robinson