As U.S. investors come back from a long weekend, overseas markets have had an extra day to continue to push to the November lows. The S&P 500 is still about 6% above that level with today's weakness but it's not looking great.
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There's a poker term "close to the felt" which means that a player is almost out of chips, or money. Donald Trump's casino operation, Trump Entertainment Resorts, will probably file for bankruptcy today for the 3rd time. It is a great promoter who can go out and raise money over and over again for an enterprise that runs so close to the felt that it goes busto every time the economy goes into recession.
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Anybody else think it's strange that people are fighting over Sirius?
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