With His Latest Note, Goldman's Jan Hatzius Demonstrates Why He's One Of The...
Back in 2008 I started discussing the idea of the household debt crisis. In early 2009 I read Richard Koo’s fantastic “Holygrail of macroeconomics” and ripped off the term “balance sheet recession” –...
View ArticleChinese Leaders Are Being Told To Read One Key Book During Their Crucial...
What's on the reading list for Chinese politicos, currently in the middle of a vital once-in-a-decade power change?According to the FT's Jamil Anderlini, China’s next premier Li Keqiang has been...
View ArticleThe History Of Debt And Taxation In The US
With the Bush tax cuts set to expire at the end of December, let's take a moment to reflect on the history of U.S. federal debt and personal taxation, the latter of which began in 1913.The first chart...
View ArticleMarkets Are Creaking Into The End
Things are fading a little bit into the close.Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
View ArticleSTOCKS FALL: Here's What You Need To Know
First, the scoreboard:Dow: 12,760.25-54.83(-0.43%)S&P 500: 1,374.72-5.31(-0.38%)Nasdaq: 2,883.89 -20.37 (-0.70%)Now, the top stories:Markets were extremely quiet for the second straight day. The...
View ArticleCisco Beats Estimates On Sales And Earnings
Cisco earnings are out. The company reported earnings of $0.48 per share, ahead of estimates of $0.46.Click here for updates >Sales came in at $11.88 billion, also beating estimates of $11.77...
View ArticleHow A Mining Magnate Bounced Back After The Bolivian Government Nationalized...
Prophecy Platinum Corp. (NKL), has scored a major talent coup by attracting a trio of credible and experienced mining executives to advance its flagship Wellgreen platinum, nickel and copper project in...
View ArticleOil Industry Professionals Say The US Will Never Be Oil Independent
The IEA said yesterday that by 2030, the U.S. would be "all but self sufficient" in terms of its energy needs and that North America would become a net oil exporter. We followed up with some oil...
View ArticleRobots Are Behind The Last Three Jobless Recoveries
The past three economic recoveries have been “jobless” ones. Job growth has lagged far behind GDP growth. In “Jobless recoveries and the disappearance of routine occupations,” economists Henry Siu and...
View ArticleThese Are The Obama Tax Hikes That Will Really Hurt
While President Obama and Speaker Boehner have been talking about what to do about tax rates on labor income, little has been said about the rise in dividend and capital gains tax rates — and how they...
View ArticleHomebuilders Have Been Some Of The Hottest Stocks In The World — But One CEO...
For over a year, homebuilding stocks have been among the hottest in the world.If you haven't seen it, here's a 3-year chart of XHB, the big homebuilder ETF.You can see how sharp the move up has been...
View Article'Fight Club' Of Corrupt Analysts Cited As Insider Trading Trial Begins
Two former hedge fund managers reaped a total of $70.8 million in illegal profits by tapping a "corrupt network" of Wall Street analysts, a U.S. prosecutor said at the start of an insider trading trial...
View ArticleThe Irony Of The Recent Market Selloff
Markets remain mired near a 3-month low, but there's something that needs to be noted.There are scant signs of economic deterioration.One of our favorite things to look at is the Citi Economic Surprise...
View ArticleUS Debt, From 1790 To 2011, In One Chart
$16.2 trillion.As the high-stakes wrangling over the fiscal cliff gets underway, we thought it might be the proper moment to remind everybody just how the United States managed to become the world’s...
View ArticleTwo Major US Newspapers Thought Their Readers Were Too Dumb To Understand A...
Nomura economist Richard Koo is out with a new note that treads a lot of familiar ground.He is relieved that Obama won the election, because he's more in favor of fiscal stimulus though he is worried...
View ArticleFive Statistics Problems That Will Change The Way You See The World
Even a rudimentary look at probability can give new insights about how to interpret data.Simple thought experiments an can give new insight into the different ways misunderstanding of statistics can...
View ArticleBarack Obama's Opening Offer
Later this week, Obama will have his first face-to-face negotiations over the Fiscal Cliff.In a post that came out this afternoon, The Washington Post's Zachary Goldfarb nicely summarized Obama's...
View ArticleThe Ultimate Guide To The Fiscal Cliff — Here's What It Is, And What It Could...
With the elections out of the way, attention has again turned to the fiscal cliff – the over $600 billion in tax and spending provisions set to change on January 1, 2013.The fiscal cliff has in recent...
View ArticlePeter Orszag: China's Labor Migration Trends Make High Economic Growth Much...
China's leadership transition is arguably the most important political event of the year. And it comes during a time of an economic slowdown and amid calls for political reform. In a Bloomberg View...
View ArticleA New Survey Shows How Fiscal Cliff Concerns Have Changed Since The Election
It's been a week since the election and all eyes are on the fiscal cliff. In light of that, Lombard Street Research carried out its first weekly fiscal "cliffometer" survey among its clients since the...
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