WSJ: European Commission Will Propose A New Joint Bank Debt Guarantee Program
The European Commission is considering a game-changing bank debt guarantee program, according to WSJ. According to sources cited by the report, the Commission "will propose a new scheme for pricing...
View ArticleJeff Saut Explains Why The Year-End Rally Shall Continue
The latest weekly call from Raymond James' Jeff Saut... The call for this week: The week before Thanksgiving has been "up" eight of the past nine years . . . that is up until last week. While many...
View ArticleThese Big Clear Charts Show How Americans Are Still Up To Their Neck In Debt
Newsflash: Americans are still up to their neck in debt. A new study survey form the NY Fed shows that while Americans continue to reduce debt -- what economists call deleveraging -- there's still a...
View ArticleThe Best Reason To Feel Okay About The Health Of The US Banking System
Deutsche Bank's Chief U.S. economist Joe LaVorgna has come out with some incredibly bullish statements about the domestic economy recently. But we think his note out today could the best sign yet that...
View ArticleGuess Which State Has The Highest Debt Per Person
We just published a big chart pack from the New York Fed about the state of consumer debt. This chart about debt per capita by state is interesting, both due to the high level of debt in California...
View ArticleSTEPHEN ROACH: Asia's About To Get Dragged Into The Euro Debt Crisis
For the second time in three years, global economic recovery is at risk. In 2008, it was all about the subprime crisis made in America. Today, it is the sovereign-debt crisis made in Europe. The alarm...
View ArticleThe Most Basic Assumption About Sovereign Debt Turns Out To Be 100% Wrong
One of the most cherished ideas in the analysis of sovereign debt is that debt-to-GDP is a useful measure of a country's credit stress. For example, Germany hopes the Eurozone can avoid another...
View ArticleGOLDMAN: Here Are The 15 Stocks That Hedge Funds Love
Goldman Sachs' Hedge Fund Trend Monitor released last Monday broke down the most recent 13-Fs to reveal some interesting information. [via ZeroHedge] We took particular liking to David Kostin's...
View ArticleCHART OF THE DAY: Holy Crap! Groupon Tanked Another 9% Today
Groupon is now around $15/share, losing 9% on a day when broader markets are up around 2-2.5%. It's now well below its IPO price, and about 50% below its high of around $30. Please follow SAI on...
View ArticleThe Margin Effect That Is Killing The Housing Market
With each and every report comes "hope" that maybe, potentially, somehow the moribund housing market has finally reached its inevitable bottom and is now on the verge of the next great advance....
View ArticleSTOCKS SURGE, RETAILERS SOAR AMID FLURRY OF EUROPEAN RUMORS: Here's What You...
The European rumor mill was cranking while American consumers were shopping like mad. First, the scoreboard: Dow: +291.1 pts, +2.6%S&P 500: +33.9 pts, +2.9%NASDAQ: +85.8 pts, +3.5% And now, the...
View ArticleFITCH REVISES US DEBT OUTLOOK TO NEGATIVE
Fitch has revised the long-term debt rating of the United States from Stable to Negative. That means there's a slightly greater than 50% chance of an actual downgrade over the next two years. The good...
View ArticleWhy 2012 Will Be The 'Year Of The Dollar'
With Europe in crisis and downside currency risks threatening emerging markets, 2012 will be the "year of the dollar" according to a Morgan Stanley report out today. The U.S. is the "best safe haven"...
View ArticleSome Fun Stats About Winning $254 Million In The Lottery
Talk about a lucky investment. Gregg Skidmore, Brandon Lacoff and Tim Davidson from Belpointe Asset Management in Greenwich, Connecticut claimed the $254 million Powerball Jackpot. Already, the trio...
View ArticlePolish Foreign Minister Begs For A Stronger Germany
Speaking in Berlin this evening, Polish Foreign Minister Radoslaw Sikorski has made the astonishing request for a stronger Germany: "I will probably be the first Polish foreign minister in history to...
View ArticleCHARTS: Is This The Best Stock Market Indicator Ever?
As we all know, the key to successful investing is very simple: "Buy low, sell high." However, you enter a chaotic, fun-house world of uncertainty once you ponder the logical follow-up question:...
View ArticleThe Most Worrisome Aspects Of Today's Huge Rally
Despite all kinds of talk about the end of the Euro and whatnot, stocks staged a pretty serious rally today, with the S&P up nearly 3%. But there were a few aspects underneath it all. First, going...
View Article5 Charts That Show That Suddenly Something Is Going Wrong With The Consumer
Today the NY Fed released its quarterly report on consumer credit, and in it is a wealth of charts on the nature of consumer debt. The charts did contain a red flag: For the first time since the...
View ArticleCRAMER: 'We Are In DEFCON 3, Two Stages Away From A Financial Collapse So...
Forget today's rally. In his opening segment on Mad Money tonight (via The Fly) Jim Cramer warns that Europe could easily spoil any party we're having in the US due to the collapse in credit. He walks...
View ArticleJapan's Unemployment Rate Jumps, But The Nikkei Is Higher Anyway
Asian markets are following the U.S. markets higher in early trading. A few hours ago, we learned that Japan's unemployment rate jumped to 4.5% in October from 4.1% in September. Economists were...
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