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GDP and The 3 Bears.

GDP and The 3 Bears.
This week we learned that Q1 GDP rose more than expected (3.2% vs. 2.5% estimates.) But that’s just the headline. More importantly, there is the rest of the story. If you look “under the hood” you’ll find 3 bears. Exports were pulled forward due to increasing trade... Read More

Lessons in How You Got Screwed: Volume

Lessons in How You Got Screwed: Volume
It’s hard to think of a sector more opaque or littered with shady characters than the mining industry. Imperfect information leads to speculation, and speculation allows ample opportunity for creative interpretations (read:bullshit). This means that there is ample... Read More