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  1. Inflow of foreign cash into emerging market stocks, particularly ETFs is raising concerns about a market bubble - specially in India
  2. International ETFs are seeing a hot run with Russia leading the charge at 200% return followed by Brazil and Turkey.
  3. India made a massive $6.7 billion gold purchase. The thought is that surprised markets will react and the gov will benefit as gold rallies.
  4. Distressed bank debt buyer Encore Capital reported strong third quarter results with earnings per share of $0.37 vs predictions of $0.27
  5. News from Milken conference: Expect a better retail season. Inventory is down, production is up but not to anticipated demand-so shop early!
  6. Outstanding consumer debt fell in August - less credit given out by banks, and consumers refusing to take more debt until job market settles
  7. P. Pellegrini on shorting subprime:I sat alone on this bench in trenchcoat talking crazy.Now I see guys in $6000 suits talking crazy like me
  8. Paolo Pellegrini is credited for making John Paulson and rich and famous by betting against subprime mortgages.
  9. September brought a sharp uptick in M&A activity. The month began with the $2 billion "carve out" deal for Skype in which eBay sold 65% ...
  10. Stocks rose to 2009 highs after stronger manufacturing and retail sales data boosted commodity prices and shares of materials companies
  11. Obama's speech suggests that financial industry is ignoring the Lehman lessons "They do so not just at their own peril, but at our nation's"
  12. Discrimination? Job losses amongst men has hit 10.1% compared to 7.6% for women. Reason? Men work in cyclical industries like construction.
  13. Job losses continued in August but the good news is that the cut backs are on a clearly declining trajectory - WSJ
  14. Economists have revised the outlook upward, in light of higher global markets and increased business and consumer confidence
  15. Hedge funds and bank trading desks are hiring again and have snapped up managers dislodged while firms struggled in the credit crisis
  16. Emerging markets-focused funds among the best performing funds this year, up 21 percent, have seen some of the highest rates of investment
  17. 3/4 ths of institutional investors believe the world economy will strengthen over 2010 up from 63% in July and the highest since November 03
  18. Job losses declined 247,000 in July, while the unemployment rate surprisingly fell, suggesting that the recession is nearing an end - WSJ
  19. SEC will restrict naked short selling but not require disclosure regarding short trades - WSJ
  20. The year old hedge fund tracking - IQ ALPHA Hedge - mutual fund turned in -2.58% over the past year, compared to -26.21 percent for S&P500