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	<title>THE PRAGMATIC CAPITALIST</title>
	<link>http://pragcap.com</link>
	<description></description>
	<lastBuildDate>Sat, 20 Mar 2010 07:05:52 +0000</lastBuildDate>
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	<item>
		<title>THE BEST OF THE WEEK THAT WAS</title>
		<description><![CDATA[In case you missed the best of the week that was at TPC:]]></description>
		<link>http://pragcap.com/the-best-of-the-week-that-was-7</link>
			</item>
	<item>
		<title>PARSING THE Z.1</title>
		<description><![CDATA[On March 11, 2010, the Federal Reserve published the Z.1 Flow of Funds report for the 4th quarter of 2009.  This invaluable report contains important insights into the current private sector deleveraging trends now in place.  We look at some of these trends below.]]></description>
		<link>http://pragcap.com/parsing-the-z-1</link>
			</item>
	<item>
		<title>ROACH: KRUGMAN IS DEAD WRONG ABOUT CHINA</title>
		<description><![CDATA[Stephen Roach of Morgan Stanley Asia, says the US is trying to ignore their domestic problems by blaming the downturn on China:]]></description>
		<link>http://pragcap.com/roach-krugman-is-dead-wrong-about-china</link>
			</item>
	<item>
		<title>MARKET WRAP &#8211; STOCKS FALL</title>
		<description><![CDATA[Equities declined on the day in a rare occurrence.  Much of the weakness was dollar related as a potential IMF bailout of Greece sent the Euro reeling again.  The dollar ...]]></description>
		<link>http://pragcap.com/market-wrap-stocks-fall</link>
			</item>
	<item>
		<title>ECRI: DOUBLE DIP WORRIES &#8220;UNFOUNDED&#8221;</title>
		<description><![CDATA[The ECRI says their weekly leading indicator of U.S. economic growth rose for the seventh straight week.  Meanwhile, the annual growth rate of the metric stabilized at 13.1% after 12 ...]]></description>
		<link>http://pragcap.com/ecri-double-dip-worries-unfounded</link>
			</item>
	<item>
		<title>STAT OF THE DAY: 93% OF ANALYSTS EXPECT S&amp;P TO RALLY HIGHER</title>
		<description><![CDATA[As if sentiment wasn&#8217;t already starting to get a bit too bullish!  The latest compilation of analyst estimates and year-end targets is now calling for substantially higher earnings and equity ...]]></description>
		<link>http://pragcap.com/stat-of-the-day-93-of-analysts-expect-sp-to-rally-higher</link>
			</item>
	<item>
		<title>CA HOUSING IS DOUBLE DIPPING</title>
		<description><![CDATA[CA housing is double-dipping right now. After surprisingly strong September through December sales due to the original Nov end date of the stimulus coupled with a sharp drop in mortgage rates in Sept, January and February CA sales have dropped sharply, both coming in below year-ago levels.]]></description>
		<link>http://pragcap.com/ca-housing-is-double-dipping</link>
			</item>
	<item>
		<title>CANADIAN DOLLAR IN PURGATORY</title>
		<description><![CDATA[By Interactive Brokers:
A jump in the core inflation rate in Canada has dealers left wondering how much longer the Bank of Canada will be able to maintain its conditional commitment ...]]></description>
		<link>http://pragcap.com/canadian-dollar-in-purgatory</link>
			</item>
	<item>
		<title>INVESTOR SENTIMENT READINGS TURN A BIT MORE MIXED</title>
		<description><![CDATA[The latest investor sentiment levels turned in mixed readings for the week.  The AAII reported a decline in bullish investors from last week&#8217;s extreme reading of 45% to 35.4%.  Neutral ...]]></description>
		<link>http://pragcap.com/investor-sentiment-readings-turn-a-bit-more-mixed</link>
			</item>
	<item>
		<title>FUNDMENTALS DON&#8217;T MATTER UNTIL THEY DO</title>
		<description><![CDATA[The market apparently continues to have great faith that the various central banks throughout the globe will continue to bailout and guarantee that they would never let any entity fail and would assure continued economic growth indefinitely. ]]></description>
		<link>http://pragcap.com/fundmentals-dont-matter-until-they-do</link>
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