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        <title><![CDATA[Mark Grant - Chief Global Strategist:Wealth Management]]></title>
        <description><![CDATA[Mark Grant - Chief Global Strategist:Wealth Management]]></description>
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        <item>
            <title><![CDATA[A Trade War Will Leave Markets With Few Winners]]></title>
            <description><![CDATA[Anyone who recommends to “stay the course” is in denial.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-04-04/a-trade-war-will-leave-markets-with-few-winners</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 04 Apr 2018 13:45:43 GMT</pubDate>
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                <media:description>Two grizzly bears play in their pool at the zoo in La Fleche, northwestern France, on march 27, 2016. / AFP / JEAN-FRANCOIS MONIER        (Photo credit should read JEAN-FRANCOIS MONIER/AFP/Getty Images)</media:description>
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            <title><![CDATA[Greater Forces Buffet Markets as Fed Seeks 'Normal']]></title>
            <description><![CDATA[Higher interest rates will likely cause the current economic expansion to slow, if not stop.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-02-28/greater-forces-buffet-markets-as-fed-seeks-normal</link>
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            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 28 Feb 2018 14:45:13 GMT</pubDate>
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                <media:description>ENID, OK - JULY 5:  A tornado strikes the city of Enid, Oklahoma, 05 July 1966.  (Photo credit should read LEO AINSWORTH/AFP/Getty Images)</media:description>
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            <title><![CDATA[Ignore the Doomsday Talk Surrounding Bonds]]></title>
            <description><![CDATA[The recent weakness in the bond market might seem scary, until you consider the starting point.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-01-31/ignore-the-doomsday-talk-surrounding-bonds</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 31 Jan 2018 14:15:09 GMT</pubDate>
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                <media:description>NEW YORK, NY - JANUARY 30:  Traders work on the floor of the New York Stock Exchange (NYSE) on January 30, 2018 in New York City. For a second day in a row, the Dow Jones Industrial Average plunged sharply in afternoon trading. The Dow closed down over 300 points  (Photo by Spencer Platt/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Warnings Are More Valuable to Investors Than Good Ideas]]></title>
            <description><![CDATA[General Electric, Spain and Italy all pose big risks for bondholders.]]></description>
            <link>https://www.bloomberg.com/view/articles/2018-01-17/warnings-are-more-valuable-to-investors-than-good-ideas</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 17 Jan 2018 14:45:35 GMT</pubDate>
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                <media:description>LOS ANGELES, CA - SEPTEMBER 8:  A 22-ton Los Angeles Fire Department fire truck protrudes from a sinkhole on September 8, 2009 in the Valley Village neighborhood of Los Angeles, California. Firefighters were dispatched to investigate an early morning call about flooding on a residential street when the driver saw a large amount of water in the darkness. The driver was backing up when the truck fell into the sinkhole, apparently caused by a broken 6-inch cast iron pipe. The firefighters were not hurt in the accident. Officials have not yet determined if the break is related to a broken 95-year-old 64-inch pipe in neighboring Studio city.  (Photo by David McNew/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Big Three Market Themes of 2017 Will Stick Around in 2018]]></title>
            <description><![CDATA[Higher equity prices, relatively low yields and risk assets compressing against their benchmarks are in store for next year.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-12-21/big-three-market-themes-of-2017-will-stick-around-in-2018</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Thu, 21 Dec 2017 14:30:10 GMT</pubDate>
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                <media:description>HAIKU, HI - DECEMBER 06:  Professional surfer Billy Kemper drops into a wave at the Jaws Surf Break aka Pe&apos;ahi in Haiku, Maui, HI. on December 6, 2015 in Wailea, Hawaii.  (Photo by Darryl Oumi/Getty Images for TAG Heuer)</media:description>
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            <title><![CDATA[Bitcoin and European Bonds Have a Lot in Common]]></title>
            <description><![CDATA[Economically, sovereign debt yields make no sense and the reckoning may soon be at hand.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-12-13/bitcoin-and-european-bonds-have-a-lot-in-common</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 13 Dec 2017 14:30:09 GMT</pubDate>
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                <media:description>Mario Draghi, president of the European Central Bank (ECB), speaks during a Basel III capital rules news conference at the ECB headquarters in Frankfurt, Germany, on Thursday, Dec. 7, 2017. Big European mortgage lenders in low-risk markets may be the hardest hit by new capital rules that global regulators are expected to complete this week after a year-long deadlock. Photographer: Alex Kraus/Bloomberg via Getty Images</media:description>
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        <item>
            <title><![CDATA[The Risks in Central-Bank Balance Sheets Are Clear]]></title>
            <description><![CDATA[The Fed is virtually unique in regards to the safety of its holdings. Other banks, not so much.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-12-07/the-risks-in-central-bank-balance-sheets-is-clear-mark-grant</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Thu, 07 Dec 2017 15:45:38 GMT</pubDate>
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                <media:description>Haruhiko Kuroda, governor of Bank of Japan, from left, Janet Yellen, chair of Board of Governors of the Federal Reserve System, and Mario Draghi, president of the European Central Bank, walk the grounds at the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Friday, Aug. 25, 2017. Yellen issued her broadest defense so far of the government&apos;s response to the 2008 financial-market meltdown while outlining some areas that regulators could review to improve efficiency in the financial system. Photographer: David Paul Morris/Bloomberg via Getty Images</media:description>
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        <item>
            <title><![CDATA[Following the Consensus in These Markets Won't Work]]></title>
            <description><![CDATA[The Fed and its brethren miscalculated badly with their $21.7 trillion of "pixie dust" money.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-11-30/following-the-consensus-in-these-markets-won-t-work</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Thu, 30 Nov 2017 14:28:11 GMT</pubDate>
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                <media:description>The the Wall street sign near the New York Stock Exchange is seen in New York following Donald Trump&apos;s presidential win, November 9, 2016. Wall Street stocks dipped early Wednesday in choppy trading following Donald Trump&apos;s shock win in the US presidential election, as hopes of a pro-business agenda partially blunted the higher uncertainty. / AFP / Bryan R. Smith        (Photo credit should read BRYAN R. SMITH/AFP/Getty Images)</media:description>
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        <item>
            <title><![CDATA[It's Time to Reevaluate Consensus Thinking in Markets]]></title>
            <description><![CDATA[Oil plays based upon escalating prices is the wrong bet now.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-11-15/it-s-time-to-reevaluate-consensus-thinking-in-markets</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 15 Nov 2017 14:45:09 GMT</pubDate>
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                <media:description>circa 1958:  An apple cart makes its way through the narrow streets of Beirut.  (Photo by Three Lions/Getty Images)</media:description>
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        <item>
            <title><![CDATA['Follow the Money' Getting More Important in Markets]]></title>
            <description><![CDATA[Pay attention to what central bankers are doing and not what they say they are doing.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-10-25/-follow-the-money-getting-more-important-in-markets-mark-grant</link>
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            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 25 Oct 2017 14:16:14 GMT</pubDate>
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                <media:description>LONDON, ENGLAND - NOVEMBER 26:  In this photo illustration Dollar and Euro notes are displayed, on November 26, 2010 in London, England. Concerns over the Euro zone debts have caused shares to retreat today by 1.3 percent, as speculation continues over other countries seeking financial help. According to reports, a 85 billion euro (112.7 billion USD) rescue package from the EU and International Monetary Fund (IMF) will be announced for Ireland on Sunday.  (Photo illustration by Dan Kitwood/Getty Images)</media:description>
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            <title><![CDATA[Central Banks' Return to Normalcy Is Nothing But a Charade]]></title>
            <description><![CDATA[With their $21.5 trillion in assets, central banks have effectively manufactured the world's biggest economy.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-10-11/central-banks-return-to-normalcy-is-nothing-but-a-charade</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 11 Oct 2017 13:15:09 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iV0Wh_OumKxY/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iV0Wh_OumKxY/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Haruhiko Kuroda, governor of Bank of Japan, from left, Janet Yellen, chair of Board of Governors of the Federal Reserve System, and Mario Draghi, president of the European Central Bank, stands for photographs while walking the grounds at the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, U.S., on Friday, Aug. 25, 2017. Yellen issued her broadest defense so far of the government&apos;s response to the 2008 financial-market meltdown while outlining some areas that regulators could review to improve efficiency in the financial system. Photographer: David Paul Morris/Bloomberg via Getty Images</media:description>
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            <title><![CDATA[Europe's Bond Markets Are Only Getting Uglier]]></title>
            <description><![CDATA[High-yield securities have entered a sort of “no-man’s land” where the risk-pricing mechanism has defaulted to government intervention.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-10-04/europe-s-bond-markets-are-only-getting-uglier</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 04 Oct 2017 14:30:08 GMT</pubDate>
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                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iZ_wgtBXah00/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Mario Draghi, president of the European Central Bank (ECB), left, and Vitor Constancio, vice president of the European Central Bank (ECB), depart following a news conference after the bank&apos;s interest rate decision, at the ECB headquarters in Frankfurt, Germany, on Thursday, Sept. 7, 2017. The European Central Bank opted to keep its stimulus settings unchanged for now as officials started cautiously sketching out the future of their quantitative-easing program. Photographer: Alex Kraus/Bloomberg via Getty Images</media:description>
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        <item>
            <title><![CDATA[There's Too Much Attention on the Fed]]></title>
            <description><![CDATA[Its actions mean little with other central banks still printing cash.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-09-20/there-s-too-much-attention-on-the-fed</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 20 Sep 2017 13:51:38 GMT</pubDate>
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                <media:description>WASHINGTON - JANUARY 22:  The Federal Reserve building is seen January 22, 2008 in Washington, DC. The Fed cut its benchmark interest rate by three-quarters of a percentage point after two days of tumult in international markets due to fear of a recession in the United States.  (Photo by Chip Somodevilla/Getty Images)</media:description>
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        <item>
            <title><![CDATA[High Risks and De Minimis Rewards Confront Investors]]></title>
            <description><![CDATA[Buying far out of the money puts or adding haven assets are smart ways to hedge these days.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-08-30/high-risks-and-de-minimis-rewards-confront-investors</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 30 Aug 2017 13:30:07 GMT</pubDate>
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                <media:description>TOPSHOT - This picture from North Korea&apos;s official Korean Central News Agency (KCNA) taken on August 29, 2017 and released on August 30, 2017 shows North Korea&apos;s intermediate-range strategic ballistic rocket Hwasong-12 lifting off from the launching pad at an undisclosed location near Pyongyang.Nuclear-armed North Korea said on August 30 that it had fired a missile over Japan the previous day, the first time it has ever acknowledged doing so. / AFP PHOTO / KCNA VIA KNS / STR / South Korea OUT / REPUBLIC OF KOREA OUT   ---EDITORS NOTE--- RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT &quot;AFP PHOTO/KCNA VIA KNS&quot; - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTSTHIS PICTURE WAS MADE AVAILABLE BY A THIRD PARTY. AFP CAN NOT INDEPENDENTLY VERIFY THE AUTHENTICITY, LOCATION, DATE AND CONTENT OF THIS IMAGE. THIS PHOTO IS DISTRIBUTED EXACTLY AS RECEIVED BY AFP.  / The erroneous mention[s] appearing in the metadata of this photo by STR has been modified in AFP systems in the following manner: [at an undisclosed location near Pyongyang] instead of [in Pyongyang]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require.        (Photo credit should read STR/AFP/Getty Images)</media:description>
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        <item>
            <title><![CDATA[The EU and U.S. Want to Change the Rules of the Bond Market]]></title>
            <description><![CDATA[European officials think voters are more important than the institutions that buy their bonds, but that's a costly error.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-08-23/the-eu-and-u-s-want-to-change-the-rules-of-the-bond-market</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 23 Aug 2017 13:45:07 GMT</pubDate>
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                <media:description>A trader shows a the GCDS index curve at the independant private banking company Meeschaert Gestion Privee, 22 January 2008 in Paris. The French stock market was whiplashed Today in the wake of very heavy losses as investors tried to get a firm fix on the US economy amid fears it could fall into recession and take the world with it.  Having lost 6.83 percent Monday, the CAC 40 index then tumbled a further 5.0 percent in early deals Today as the market followed further sharp drops in Asia for its lead. AFP PHOTO JEAN AYISSI (Photo credit should read JEAN AYISSI/AFP/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Markets Must Consider the Unimaginable]]></title>
            <description><![CDATA[If a military engagement with North Korea occurs, then virtually every bet that has been made in markets will be 100 percent wrong.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-08-09/markets-must-consider-the-unimaginable</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 09 Aug 2017 13:45:06 GMT</pubDate>
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                <media:description>PANMUNJOM, SOUTH KOREA - DECEMBER 22:  North Korean soldiers look at South Korea across the Korean Demilitarized Zone (DMZ), on December 22, 2011 in Panmunjom, South Korea. U.S. and South Korean defense intelligence reports today suggest that the transition of power in North Korea is going smoothly following the death of North Korean leader Kim Jong Il of a heart attack Saturday. His death has brought concerns about instability in the Korean Peninusla, with heavy attention being paid to the movements of the country&apos;s 1.2 million military personnel. State media has released imagery of North Korean&apos;s weeping and mourning at the main square in Pyongyang as citizens participate in an the state-wide 11-day mourning period culminating in a national memorial service December 28-29.  (Photo by Chung Sung-Jun/Getty Images)</media:description>
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        <item>
            <title><![CDATA[Central Banks Are Too Invested to Pull Back Now]]></title>
            <description><![CDATA[The Fed’s calls to return to monetary policy normalcy are nothing but blather.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-07-26/central-banks-are-too-invested-to-pull-back-now</link>
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            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 26 Jul 2017 14:02:00 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iEvzkspzG_O0/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iEvzkspzG_O0/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>LANARK, UNITED KINGDOM ? MARCH 1: Young children jump for coins outside St Nicholas Parish church to mark the celebration of  ?Whuppity Scoorie? on March 1, 2005 in Lanark, United Kingdom. The origins of ?Whuppity Scoorie? but many believe it is linked to pagan ceremonies which either celebrate the coming of spring or drive away the evil spirits of winter. After running round the church three times the children participate in a scramble for money which is handed out by the Royal Burgh of Lanark council. ?Whuppity Scoorie? takes place every year on March 1 which means that the tradition coincides with the first ringing in ?Spring? of the town?s ?wee bell? after a six-months winter of silence and it seems  likely under these circumstances that the tradition originally was in some way a rite to celebrate the arrival of Spring and the end of Winter. (Photo by Christopher Furlong/Getty Images)</media:description>
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        <item>
            <title><![CDATA[It's Time for Markets to Acknowledge Political Reality]]></title>
            <description><![CDATA[Nothing of importance may get done, and all of the bets placed with Trump’s election may start to be taken off the table.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-07-19/it-s-time-for-markets-to-acknowledge-political-reality</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-07-19/it-s-time-for-markets-to-acknowledge-political-reality</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 19 Jul 2017 13:30:06 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ijwwFJGWygfM/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ijwwFJGWygfM/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>NEW YORK, NY - JULY 18: A trader pauses while working on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell, July 18, 2017 in New York City. While the Nasdaq and S&amp;P 500 hit record highs on Tuesday, the Dow Jones Industrial Average was down over 50 points. (Photo by Drew Angerer/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[The Fed's Notion of Normalcy Is Hardly Normal]]></title>
            <description><![CDATA[Shrinking the central bank's balance sheet will make no difference to the Fed’s effective control over financial markets.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-07-14/the-fed-s-notion-of-normalcy-is-hardly-normal</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-07-14/the-fed-s-notion-of-normalcy-is-hardly-normal</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Fri, 14 Jul 2017 13:30:13 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iKnkT2NHNWmw/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iKnkT2NHNWmw/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>WASHINGTON, DC - JULY 13:  Federal Reserve Board Chairwoman Janet Yellen testifies before the Senate Banking, Houseing and Urban Affairs Committee in the Dirksen Senate Office Building on Capitol Hill July 13, 2017 in Washington, DC. Yellen testified during the hearing about &quot;The Semiannual Monetary Policy Report to Congress.&quot;  (Photo by Chip Somodevilla/Getty Images)</media:description>
            </media:content>
        </item>
        <item>
            <title><![CDATA[Washington Timelines Are Working Against the Markets]]></title>
            <description><![CDATA[Equities are bound to fall as more investors come to the realization that Trump’s aspirations may not be fulfilled.]]></description>
            <link>https://www.bloomberg.com/view/articles/2017-06-28/washington-timelines-are-working-against-the-markets</link>
            <guid isPermaLink="true">https://www.bloomberg.com/view/articles/2017-06-28/washington-timelines-are-working-against-the-markets</guid>
            <category><![CDATA[view]]></category>
            <dc:creator><![CDATA[Mark Grant]]></dc:creator>
            <pubDate>Wed, 28 Jun 2017 13:30:10 GMT</pubDate>
            <media:content url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ihPWWoJn6hF0/v0/piHJkQ_WoLj1E/-1x-1.jpg" type="image/jpeg">
                <media:thumbnail url="https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ihPWWoJn6hF0/v0/piHJkQ_WoLj1E/-1x-1.jpg"/>
                <media:description>Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 26, 2017. U.S. stocks climbed as financial companies rallied with utility stocks and every industry group but oil and health-care advanced. Photographer: Michael Nagle/Bloomberg via Getty Images</media:description>
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