Rick Santelli Goes Crazy (Again) on CNBC

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Rick Santelli with another one of his rants. Some readers have complained about them, but most find them to be a good needed dose of humor once in a while.

In a discussion just after this week’s initial claims data were released, Rick Santelli argues the Federal Reserve will eventually be unable to keep interest rates low.
“I don’t believe in policy! I believe in markets!…No.  I don’t believe that human hubris is smarter than aggregate personality. Period.”

(The whole segment is interesting, but the big rant begins around the 1:10 mark)

This Odey Cub Is Waiting For A Pullback To Buy Financials

Crispin OdeyMichele Ragazzi's Giano Capital returned 1.9% for March, taking the fund's year-to-date performance to 1.7%. Since its inception, Ragazzi's flagship fund has produced a compound annual return of 7.8%. According to a copy of the €10 million fund's March update, a copy of which ValueWalk has been able to review, Giano's most significant investment at Read More


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