Citi's Fitzpatrick: Euro Headed To Parity With The US Dollar Over The Next Two Years (CNBC Video)

Tom Fitzpatrick, Chief Technical Analyst at CitiFX Technicals, thinks the euro will drop to parity with the U.S. Dollar mainly because the Federal Reserve's and ECB's monetary policies are moving in opposite directions.

Joe Weisenthal vs. Peter Schiff on CNBC

Who is right?

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Bubble forming in US middle market leveraged finance

Video Of President Obama Addressing The Nation On ISIL

"President Obama delivers an address to the nation on the threat posed by the terrorist group ISIL." (via WhiteHouse.gov)

Venezuela's Annual Inflation Rate Hits 63.42% In August, A New High (Chart)

"Venezuela’s annual inflation accelerated to the fastest pace since the national index was created in 2008, as collapsing imports made the few products made locally more expensive." -Bloomberg.com

Advisor Bearishness At Low Last Seen In 1987 A Few Months Before The Crash

Here are quotes and a chart from John Hussman's Weekly Market Comment this week:

"Last week,

Central Banks Trade E-Mini and Full Size Equity Index Futures and Options

Yep, it turns out central banks trade equity index futures. Zero Hedge via Nanex's Eric Scott Hunsader brought this up the other day. I embedded CME's info on the "Central Bank Incentive Program" (CBIP) via CFTC.gov.

CME Group says: "The purpose of this program is to incentivize Central Banks located outside of the United States to trade the products listed below on the CME Globex Platform. The resulting increase in liquidity in the products listed below benefits all participant segments in the market."

So are central bank balance sheets the reason why the S&P 500 is up over 200% from the March 2009 low?

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Spectre of 1929 crash looms over FTSE 100 as traders take on record debts

Oaktree's Howard Marks: "Have Plenty of Defense on the Field Today"; "It's Time for the Seventh Inning Stretch"

Howard Marks, chairman of Oaktree Capital Group, told Bloomberg TV this morning that "it is time for the seventh inning stretch." In addition, he said:

"I put some more emphasis on worrying about losing money today than I do about missing opportunities because I don't see such great opportunities..."

"I think you have to have plenty of defense on the field today."

He also talked about how his firm assesses market risk (watch the full interview below).

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ECB Readying Asset-Backed Purchases After Rate Cut, Draghi Says

Jack Bogle In 2013: "Prepare For At Least Two Declines Of 25-30%, Maybe Even 50% In The Coming Decade"

I want to remind you that Jack Bogle, founder of The Vanguard Group, said in April 2013 to "prepare for at least two declines of 25-30%, maybe even 50% in the coming decade." I embedded the CNBC interview.

Sam Zell Warns Of Stock Market Correction On CNBC

Billionaire real estate investor Sam Zell, who timed his 2007 sale of Equity Office Properties perfectly, thinks a stock market correction is coming. On CNBC's Squawk Box today, he said:

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Russia ready for gas talks with Ukraine, warns of disruptions

TrimTabs' Biderman: Market Cap To Wages And Salaries Could Be Signaling Market Top

On CNBC today, Charles Biderman, Chairman of TrimTabs Investment Research, said the market cap to wages and salaries ratio was flashing a warning sign for the stock market.

Citadel Connect Is One Of The Largest Sources Of Off-Exchange Liquidity (Video)

Via Citadel's website, "Citadel Connect, our innovative IOC Gateway, is one of the fastest growing sources of off-exchange liquidity in the U.S. equities market, executing over 74M shares ADV in Q2 2014." Interesting?