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Here's How Wall Street Is Voting
The outcome of the elections will define the political context and leadership for policies that address the looming fiscal imbalances coming to a head in early 2013. Last week, we explored the...
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Ken Rogoff Sees A Radical Solution To India's Economic Problems
For some time now analysts and investors have watched the demise of the Indian economy. GDP growth has slowed, the deficit is high, and foreign investors have lost interest.In a new Project Syndicate...
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20 US Cities That Are Getting Crushed By Foreclosures
Foreclosure activity was down 4.8 percent in the third quarter from the previous quarter, according to RealtyTrac.And foreclosure activity was down nearly 13 percent from a year ago.But among the...
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This Ugly Chart Illustrates How Australia's Economy Is Such A Mess
Australia flourished as its enormous mining industry supplied the world's booming emerging markets.But the rapid deceleration in those key export markets lately have been devastating to the Australian...
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Joseph Stiglitz: Americans Aren't The Only Ones With A Lot At Stake Tomorrow
Most people around the world will not be able to vote in the United States’s upcoming presidential election, even though they have a great deal at stake in the result.Overwhelmingly, non-US citizens...
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Markets Are Going Nowhere
Markets are going nowhere in Asia.Korea is up modestly, by about 0.24%.And Japan's Nikkei (here) is down by the same amount.Please follow Money Game on Twitter and Facebook.Join the conversation about...
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NATE SILVER: Obama's Odds Have Surged To 91%
Huge jump, from 85% to 91%, per Nate Silver's digestion of the latest polls.On Twitter he observers:Silver fans may want to catch him on Stephen Colbert's show tonight.Please follow Politics on Twitter...
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GUNDLACH: Apple's Product Innovator Is Gone, And It's Stock Will Drop Another...
Bond god Jeff Gundlach, the CEO of DoubleLine Capital, said on CNBC's "Fast Money: Half Time Report" today that he sees Apple going to $425 a share next year. "It just seems to me that Apple...it's...
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Violence Breaks Out In Greek Protests Ahead Of Tonight's Austerity Vote
Multiple reports are streaming in from Twitter that explosions from Molotov cocktails are occurring in front of the Greek parliament.Click here for live updates and scroll down for the latest...
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5 Reasons Why Obama's Reelection Is Great News For Natural Gas
The President got little support in the natural gas industry and even less in the oil and coal industries. Yet, for the natural gas industry, the re-election of the President brings more good news...
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UBS: Here Are 14 Stocks That Could Surge With Obama In The White House
The stock markets are tanking today, one day after President Obama’s election victory. The S&P 500 is down over 2 percent.However, this may be an opportunity to invest in the companies that stand...
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CONSUMER CREDIT BEATS
Consumer credit rose $11.36 billion in September, higher than expectations of $10.175 billion.The number marks a considerable slowdown form the month before, although it was expected.Last month's...
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CHART OF THE DAY: Why Global Investors Love The US Stock Market
Gerard Minack, Morgan Stanley's head of developed market strategy, created this chart to show how 2013 earnings expectations for Australia's stock market — the S&P/ASX 200 — have deteriorated...
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Policy Uncertainty Is Coming To An End, And The Fiscal Cliff Is Now Just A...
This afternoon's dramatic moves lower in in equities and oil have been pinned on Romney trades being unwound, but we do get the feeling that there is a lot of Price is News and tail chasing going on...
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China Expert Cheng Li Lays Out The Top Priorities For The New Leadership
China is beginning its once-in-a-decade leadership handover on November 8.The party Congress is expected to last seven days and the Central Committee is expected to be announced on November 14. In a...
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John Boehner Says The Magic Words: GOP Willing To Accept 'More Revenue' As...
John Boehner just gave a statement on the fiscal cliff.The big news: The GOP is willing to find a way to get more revenue.He's still against tax hikes -- he wants new revenue to come from "reform" and...
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STOCKS GET CRUSHED AFTER OBAMA WINS ELECTION: Here's What You Need To Know...
Barack Obama won the presidency yesterday. And today stocks got crushed.First the scoreboard:Dow: 12,932, -312.9, -2.3 percentS&P 500: 1,394, -33.1, -2.3 percentNASDAQ: 2,937, -74.2, -2.4...
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T. BOONE PICKENS: Today Makes 'You Want To Cut Your Throat'
During CNBC's "Closing Bell," Maria Bartiromo asked T. Boone Pickens, who runs BP Capital Management, what he thinks about today's sell off on Wall Street. The 84 year-old billionaire energy tycoon...
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A Study Shows Electric Cars Don't Make Environmental Sense
The Street’s John Peterson doesn’t see much upside to investing in electric car companies.Moreover, Peterson claims that the environmental benefit of electric cars is drastically overstated. He cites a...
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GREEK AUSTERITY VOTE APPROVED IN PARLIAMENT
Greek Prime Minister Antonis Samaras has secured the votes he needs to pass a package of spending cuts that include controversial labor reform measures demanded by Greece's international creditors.As...
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