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	<title>Monty Pelerin&#039;s World &#187; Ritholtz</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
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		<title>Investment Observations</title>
		<link>http://www.economicnoise.com/2011/05/05/investment-observations/</link>
		<comments>http://www.economicnoise.com/2011/05/05/investment-observations/#comments</comments>
		<pubDate>Thu, 05 May 2011 10:49:38 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Investing Thoughts]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[Ritholtz]]></category>
		<category><![CDATA[Barry Ritholtz]]></category>
		<category><![CDATA[Defensive Stocks]]></category>
		<category><![CDATA[Hot Money]]></category>
		<category><![CDATA[Investing]]></category>
		<category><![CDATA[Price Of Silver]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=20279</guid>
		<description><![CDATA[Some pertinent investment observations from reader EBW: The most interesting feature of the market is that investors are getting hurt by their negative alpha; they are getting whipsawed. While the averages are flattish, we are witnessing wild rotational and sometimes speculative swings (especially of a metals and commodity kind). Hedge funds, the dominant investor, seem <a href='http://www.economicnoise.com/2011/05/05/investment-observations/'>[...]</a>]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Does the Market Look Undervalued?</title>
		<link>http://www.economicnoise.com/2011/02/23/does-the-market-look-undervalued/</link>
		<comments>http://www.economicnoise.com/2011/02/23/does-the-market-look-undervalued/#comments</comments>
		<pubDate>Wed, 23 Feb 2011 18:49:49 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Investing Thoughts]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[Ritholtz]]></category>
		<category><![CDATA[Big Picture]]></category>
		<category><![CDATA[Graph]]></category>
		<category><![CDATA[Market Capitalization]]></category>
		<category><![CDATA[Nyse Market]]></category>
		<category><![CDATA[Stock market]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=18536</guid>
		<description><![CDATA[This chart should be a scary picture for those who believe the stock market is undervalued.  From Barry Ritholtz: NYSE Market Capitalization as % of GDP by Barry Ritholtz Chart Store week continues at the Big Picture. Today’s TCS graph is the NYSE Market Capitalization, shown over time as a percentage of US GDP: &#62; click <a href='http://www.economicnoise.com/2011/02/23/does-the-market-look-undervalued/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Today&#8217;s Wisdom</title>
		<link>http://www.economicnoise.com/2011/01/19/todays-wisdom-4/</link>
		<comments>http://www.economicnoise.com/2011/01/19/todays-wisdom-4/#comments</comments>
		<pubDate>Wed, 19 Jan 2011 07:45:26 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[economy]]></category>
		<category><![CDATA[Ritholtz]]></category>
		<category><![CDATA[Rosenberg]]></category>
		<category><![CDATA[Today's Wisdom]]></category>
		<category><![CDATA[Big Picture]]></category>
		<category><![CDATA[Chronic Unemployment]]></category>
		<category><![CDATA[Illusion]]></category>
		<category><![CDATA[Social Stability]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=17603</guid>
		<description><![CDATA[Quote of the Day from The Big Picture website: “The economy remains on government-assisted life support, and the government has been very successful in creating the illusion of economic prosperity. It is doing this to buy time and help preserve social stability as the adjustment towards housing deflation, consumer deleveraging, and chronic unemployment takes its <a href='http://www.economicnoise.com/2011/01/19/todays-wisdom-4/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Frankenstein Rules</title>
		<link>http://www.economicnoise.com/2010/10/25/frankenstein-rules/</link>
		<comments>http://www.economicnoise.com/2010/10/25/frankenstein-rules/#comments</comments>
		<pubDate>Mon, 25 Oct 2010 12:37:25 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[banks]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Ritholtz]]></category>
		<category><![CDATA[Inevitable Collapse]]></category>
		<category><![CDATA[Kudlow]]></category>
		<category><![CDATA[Mortgage Foreclosure]]></category>
		<category><![CDATA[Whalen]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=15059</guid>
		<description><![CDATA[The empire continues to collapse. In the last half century, the government has converted a free market economy from a smooth self-functioning, self-equilibrating system into a Frankenstein monster. The smallest problem or discomfort was addressed by government with an ad hoc &#8220;solution.&#8221; Each intervention spawned multiple new problems which of course had to be &#8220;fixed.&#8221; <a href='http://www.economicnoise.com/2010/10/25/frankenstein-rules/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Social Security</title>
		<link>http://www.economicnoise.com/2010/06/17/social-security/</link>
		<comments>http://www.economicnoise.com/2010/06/17/social-security/#comments</comments>
		<pubDate>Thu, 17 Jun 2010 23:49:17 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Government]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Ritholtz]]></category>
		<category><![CDATA[Barry Ritholtz]]></category>
		<category><![CDATA[Social Security]]></category>
		<category><![CDATA[Sustainability]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=11304</guid>
		<description><![CDATA[Retired and not yet retired should be concerned about Social Security. Barry Ritholtz lays out the options the government has regarding the sustainability of the fund. See “Saving” Social Security Share/Save]]></description>
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