Wheat Prices Are Spiking
Wheat prices and futures have surged around the world today after Russia announced that its wheat production fell 30.6% in 2012.European wheat prices have spiked, reaching a four year high of 279.25...
View ArticleNow Chicago Housing Inventory is Falling To Multi-Year Lows
If you thought the news Miami was developing condos again was unbelievable, here's another tale from the surging housing recovery front.Gary Lucido, a Chicago-based broker who writes the blog "Getting...
View ArticleA Completely Opposite Theory For Why The Market Is Falling After Obama's Win
So the market is down for the second day in a row following the election.Today was actually looking worse earlier in the day, but regardless, the fact that two notable red days are happening right...
View ArticleSTOCKS TUMBLE FOR SECOND STRAIGHT DAY: Here's What You Need To Know (DIA,...
For the second day in a row, markets fell. While yesterday was much more extreme, markets again ended near their lows of the day.First the scoreboard:Dow: 12,811, -121.4, -0.9 percentS&P 500:...
View ArticleGROUPON WHIFFS: Stock Tanks To New All-Time Low After Hours (GRPN)
Groupon shares crashed another 16% after earnings, to a new all-time low of $3.25 a share.Why?Because the company blew another quarter.Revenue of $569 million came in below expectations of $590...
View ArticleCHART OF THE DAY: STOCKS PIERCE THE 200-DAY MOVING AVERAGE
OH NO!The S&P 500 fell beneath the famous 200-day moving average.Fans of "technical analysis" will worry that this represents "key support" for the market, and that because it is now below this...
View ArticleCBO Shows How Baby Boomers Are Going To Help Drive Debt To Levels Not Seen...
The U.S. faces a massive budgetary debacle and faces a fiscal cliff that could drag on the economy but reduce federal debt in the long-run. But the Congressional Budget Office (CBO) is out with a new...
View ArticleHere Are The Smart Groupon Insiders Who Dumped The Stock Before It Collapsed
Groupon just blew another quarter, and its stock has tanked to an all-time low of $3.25 a share in after-market trading.That's a staggering 85% below last year's IPO price of $20.It's also 60% below...
View ArticleRelax, Obama's Win Is Not Causing The Stock Market To Fall
Since President Obama's reelection the stock market has been falling. Some say this might be because of his victory, but there are probably other factors at play....
View ArticleTax Insiders: Here's How Smart Investors Work Charity In Their Favor
The beginning of 2013 will likely spell the end of Bush Era tax cuts and mean higher taxes on wealthy individuals, long-term capital gains, and qualified dividends. And now that the dust has nearly...
View ArticleFacebook COO Sheryl Sandberg Sells Another $3.75 Million In Stock (FB)
Sheryl Sandberg, Facebook's COO, has sold a second batch of Facebook shares, Reuters reports.On Tuesday, she sold about 176,000 shares, worth about $3.75 million.Last week she sold about twice as many,...
View ArticleFacebook Has Dropped Below $20 Again (FB)
Facebook shares closed below $20 today.The first time it crossed this threshold—nearly half the price at which it debuted on the stock market—was in August.The stock rallied after CEO Mark Zuckerberg...
View ArticleJapan Is Going Down Again
The selloff continues.After a hard fall Wednesday, and a decent fall today in the US, Japan is down again.The Nikkei is currently off about 1%.US futures are ticking higher, but this is how yesterday...
View ArticleCALCULATED RISK: Here's What's Probably Going To Happen With The Fiscal Cliff
Bill McBride at Calculated Risk has two must-read paragraphs on the so-called Fiscal Cliff:My baseline forecast assumes a compromise on the fiscal slope (more of a "slope" than a "cliff", and January...
View ArticleForget All The Chatter, Inflation Isn't A Threat To China
Chinese consumer prices climbed 1.7 percent year-over-year in October, dropping to a 33-month low, according to the latest data from the National Bureau of Statistics. The drop in CPI was driven be a...
View Article10 Consumer Issues Washington Has Ignored For Far Too Long
In an era of increasingly sophisticated financial transactions, many consumers are falling further and further behind in understanding how to use such products.The result is tremendous friction between...
View Article8 Surprising Things That Wealthy Chinese Invest In
China's stock market has put up a dismal performance for sometime now.And the government's efforts to curb speculation in real estate has left many wealthy Chinese investors with few places to park...
View ArticleUBS: Obama Won The Election Because The Economy Was On His Side
In our pre-election prediction, we gave two simple reasons that Obama was going to win.One was that the polling was on his side. The other was that the economy, far from being a big issue for Romney to...
View ArticleBIG BEAT: CONSUMER SENTIMENT HIGHEST IN FIVE YEARS
The positive string of data continues in the United States – the University of Michigan consumer sentiment index rose to 84.9 from 82.6 last month, well above estimates of 83.0.84.9 is the highest...
View Article10 Countries Hoarding Massive Amounts Of Gold (GLD)
With the fiscal cliff looming and Europe's ongoing sovereign debt crisis investors have rushed back to gold, widely seen as a safe haven.In fact, there is a school of thought that suggests euro zone...
View Article