Tuesday, February 09, 2010
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2. Today's must read: Top analyst says S&P 500 decline just getting started
 
3. The 4 sectors down more than 10%
 
1. This could be the biggest government cover-up of the last 20 years
 
2. Why you should be prepared to see silver fall in 2010
 
3. Over 820,000 jobs will disappear tomorrow morning
 
4. The best explanation of Barack Obama's agenda we've ever read
 
5. Porter Stansberry: How to earn a safe 17% a year on your cash
 
This economic "canary in the coal mine" is dying
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Tuesday, November 03, 2009
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From The Pragmatic Capitalist:

YRC WorldWide is tanking over 50% on bankruptcy speculation. The large trucking company has been entangled in brutal labor renegotiation's and is at the heart of the economic downturn with their highly economically sensitive transport based business...

On Friday the company reported a $158.7MM loss which was followed up by a debt exchange announcement this morning. Investors are growing increasingly concerned that the announcement could result in an eventual Chapter 11 filing. Although the company is having cost difficulties the weakness at the company is primarily economically related.

On the conference call CEO Bill Zollars detailed...

Read full article...

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