This Week We Get Data On The Most Important Part Of The US Economy
It's a very light week for data.Thursday is a Holiday and there's nothing on Friday.But we will get information on the most important part of the US economy: Housing.Per Yahoo Finance, On Monday we get...
View ArticleThe Weekend Is Over, And Markets Are Rising
The week begins, and markets are higher for now.The risk-off mood that has dominated global markets since the election has been snapped (at least temporarily) by the events of Friday afternoon in the...
View ArticleThis Survey Is Devastating For Microsoft: 42% Of Windows Users Plan To Switch...
Anti-virus company Avast conducted a survey of Windows-based PC users the day before Windows 8 was released.The results were devastating for Microsoft and non-Apple PC makers.They were excellent,...
View ArticleThe Wall Between Central Bank And State Continues To Get Demolished In Japan
Central bank independence is one of the prize features of modern economies. Around the world, central bankers pride themselves on the fact that they're not beholden to politics, and that they pursue...
View ArticleROUBINI: Here Are The 6 Reasons The Stock Market Has Been Tanking
The stock market has been falling hard since the election, though it's really been weak since the beginning of October.The popular explanation of the fall is the "Fiscal Cliff", which is a somewhat...
View ArticleGOLDMAN: Stocks Will Tank Another 8% In The Final Weeks Of The Year
A year ago, Goldman Sachs' David Kostin said the S&P 500 would end 2012 at 1,250.And he's sticking to that call.This implies stocks fall 8 percent from here."Uncertainty swirling around the ‘fiscal...
View ArticleMarkets Are Surging All Around The World
Nice start to the week: Markets are rallying everywhere.It started on Friday afternoon in the US, when the markets took off after the Fiscal Cliff meeting in The White House, and lawmakers talked about...
View ArticleItalian Industrial Orders Are Awful
More evidence that the recession in Europe is getting quite bad.Just an awful Italian industrial orders.Here's the text of the announcement from Istat run through Google Translate:In September, the...
View ArticleThe Only Thing You Need To Know About The Fiscal Cliff Stories Over The Weekend
There's only one thing you need to know about the Fiscal Cliff news stories that came out of the weekend. The tone of the current state of negotiations is being described as "good" and "conciliatory."...
View ArticleSpanish Bad Loans Spiral To Record New High
One of the darkest parts of the Spanish economy, and therefore the European economy, the bad loans held by the banking system continues to get worse.From Reuters:Spanish banks' bad loans rose to 10.7...
View ArticleBen White: THE FISCAL CLIFF IS ALREADY OVER
Politico's Ben White, author of the widely read Morning Money email newsletter, is pretty plugged in with what's happening at the nexus of Wall Street and DC, and he's pretty positive in his latest...
View ArticleThe US Economic Data Has Been Weak — Is It Really All About Sandy?
The great "Sandy debate" is on. US economic data is coming in weaker than expected and some argue that it can't all be explained by the hurricane. Case in point is the initial jobless claims report...
View ArticleWe Told You That Housing Was Going To Boost The Economy — But We Had No Idea...
We've written a couple of posts lately about the likely economic tailwind coming from more economic recovery.This weekend we wrote about the Balance Sheet Recovery, the notion that the ongoing reversal...
View ArticleDAMODARAN: What Hurricane Sandy Teaches Us About Investing
Aswath Damodaran, the legendary NYU finance professor, has a knack for drawing excellent comparisons between current events and the markets. A month ago, he used investors’ expectations to demonstrate...
View ArticleThere's Another Massive Source Of Energy Coming, And The World Has George W....
Citi's commodities team believes Iraqi oil production is set to explode in the coming years, causing prices to turn downward.In a massive survey helmed by analyst Edward Morse, Citi's team projects...
View ArticleSubscribe To A Newsletter For A Chance To Win An iPad Mini From Business Insider
Just in time for the holidays we're giving you have a chance to win an iPad mini. Become a newsletter subscriber now and you'll have a chance to win Apple's latest tablet. If you're the lucky winner...
View ArticleHere's Who Gets Slammed If The US Goes Off The Fiscal Cliff [Maps]
Much of the discussion about fixing the fiscal cliff has been at the abstract level: the need to cut federal spending by $2.5 trillion and raise $1.6 trillion in revenue over the next decade.But those...
View ArticleBEN DAVIES: The Japanese Are Definitely Buying Up Gold In A Big Way
Ben Davies, the CEO of Hinde Capital, gives a run-down on the state of the gold market and the new buyer he believes will push prices higher in a new interview with King World News,Davies thinks...
View ArticleHere's Waverly Advisors' Excellent Presentation On The Economy And The Coming...
In their latest presentation on the state of the economy, Waverly Advisors weighs in on which "sacred cows" in the U.S. budget are likely to be taken to the slaughterhouse as Congress debates how to...
View ArticleHere's How Rare It Is For Apple To Have A Gigantic Up Move Like It's Having...
Apple is up a huge 6.69 percent, a massive move considering that it's a company with a market cap over $500 billion.So how rare is a move like this?Jonathan Krinsky at Miller Tabak breaks it down:As of...
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