The Chart That Could Win The Election For Barack Obama
The national polls aren't pretty for Obama, but the President can hang his hat on the fact that in some key swing states, he's still holding onto a lead. Most notably, the consensus is that he's still...
View ArticleThe 31 Fastest Growing Cities On The Planet
More people in history live in cities than ever before in our planets history. Urbanization rates have increased dramatically in the last decade, according to a new report by the U.N. Settlements...
View ArticleCHART OF THE DAY: Goldman's Quarter-By-Quarter Breakdown Of How The Fiscal...
The analysts at Goldman Sachs have been among the most pessimistic people to talk about the fiscal cliff — the tax cuts and spending programs that will expire automatically at the end of the year and...
View ArticleSTOCKS GET CRUSHED: Here's What You Need To Know (DIA, SPY, QQQ, GE, MCD)
The 25th anniversary of Black Monday wasn't pretty. First the scoreboard: Dow: 13,343, -205.3, -1.5 percentS&P 500: 1,433, -24.1, -1.6 percentNASDAQ: 3,005, -67.2, -2.1 percent And now the top...
View ArticleWAIT! Obama Has Re-Taken The Lead In An Average Of National Polls
RealClearPolitics and FiveThirtyEight, the two most credible and widely cited polling aggregators online, both have Obama back in the lead in the RCP Average and FiveThirtyEight Forecast, respectively....
View ArticleHere Are The Top Theories For Why The Market Took A Bath
Dave Lutz of Stifel, Nicolaus offers some theories about why the market tanked. We summarize: Europe: No money injections into EU banks yet. Financials getting hit hard. Especially Spanish banks....
View ArticleWe're Living In A Zero-Trust Economy
Trust is one of the most (if not the most) important values to build, grow and maintain in any type of relationship, whether professional or personal. It is one of those values that, once broken, can...
View ArticleThe 9 Best Insights From The Smartest People In Finance
This week actually turned out to be a pretty busy one. It started off with China telling us it grew at a 7.4 percent rate in Q3, which reassured everyone that the world's second largest economy wasn't...
View ArticleHong Kong Buys $603 Million In First Peg Intervention Since 2009
Oct. 20 (Bloomberg) -- The Hong Kong Monetary Authority added funds to the banking system for the first time since December 2009 to prevent the city’s currency from strengthening beyond HK$7.75 to the...
View ArticleREPORT: Murdoch Is Thinking About Buying LA Times And Chicago Tribune
* News Corp team flies in for early due diligence - source * Chicago Tribune also eyed - LA Times * FCC rules may prove a hurdle LOS ANGELES, Oct 19 (Reuters) - News Corp Chairman and CEO Rupert...
View ArticleThe Misery Index Points 'Narrowly' To An Obama Victory
While the economy has generally endangered President Barack Obama’s re-election chances, one measure may give him an advantage. At least one economist believes the misery index favors a second Obama...
View ArticleObama's Finally Enjoying Himself On The Campaign Trail -- What Took So Long?
I WENT TO FAIRFAX, Virginia, earlier today to watch President Barack Obama accuse his Republican opponent of changing positions so often that he must be suffering from a new medical condition, which...
View ArticlePeople Are Talking About A National Debt Solution That Might Actually Make...
I met a European trader in a bar this week, who brought up the possibility that at some point, the Bank of England might just rip up the UK government debt it has acquired through quantitative easing...
View ArticleThe Amazing Power Of A Few Words From Mario Draghi
Here's a chart of the yield on the Spanish 10-year bond, via Bloomberg. The vertical line is when the yield hit nearly 8%, and Mario Draghi said three words that have changed the course of history in...
View ArticleGOLDMAN: Treasuries Now Have The Worst Risk/Return Profile In Decades
Below is an excellent chart from Goldman Asset Management. It shows the risk/return profile of holding the 10y treasury during different periods of time. "Principal" is the mark-to-market impact of the...
View Article25 Years After The Crash Of 1987, We Haven't Learned Squat
THIS week’s print edition has a leader condemning the failure of governments (and investors) to learn the right lessons from the Black Monday stock market crash 25 years ago: The biggest mistake was...
View ArticleRANKED: The 27 Best Cities For Doing Business
New York edged out London by one point for the top spot in the annual Cities of Opportunity report by PricewaterhouseCoopers. The report measures a city's comprehensive potential for business across...
View ArticleWait, Did China Just Stick The Landing? (FXI)
Chinese officials have officially stuck the landing, according to Goldman Sachs Asset Management chairman Jim O'Neill. After months and months of debate, says O'Neill, it now appears that China's...
View ArticleROSENBERG: My Friend Rich Bernstein Is Wrong About Where Stocks Are Heading...
David Rosenberg and Richard Bernstein -- former Merrill Lynch colleagues -- recently had a big debate about the markets. "I would say that over the long haul, Rich and I tend to share very similar...
View ArticleECRI Indicators Simply Aren't Supporting The Company's Repeated Recession...
The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) declined in the numbers released today. It is now at 126.7, down from last week's 127.6 (revised from 127.7). See the WLI...
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