Markets Are Slipping
Expect another quiet day, as it's still a quasi-holiday in the US (markets only trade for half the day).European markets are all modestly red after strong gains on Thursday. But nothing dramatic.The...
View ArticleJust When It Looked Like The German Economy Was Finally About To Crack...
We've seen this happen so many times during the Eurozone crisis.Just when it looked like the German economy was finally about to give way and fade like the rest of the Eurozone, the newsflow turns...
View ArticleThe Cyprus Stock Market Is Having One Of The Biggest Rallies We've Ever Heard Of
It doesn't get much attention, but Cyprus is a Eurozone country that's in pretty much the same economic situation as Greece (except it has natural gas, so the Russians have taken a liking to it).Like...
View ArticleWhy 2012 Is Turning Into Another Bad Year For Hedge Funds
Some may find this a bit surprising. The magnitude of losses experienced by hedge funds on average during the height of the Eurozone crisis in 2011 was as large as the losses the industry witnessed...
View ArticleSome Greek Headlines Are Giving The Market A Lift
A few headlines are helping to make markets tick up.US futures are in the green.According to Reuters, the ECB is close to forgoing $9 billion in future profits on Greek debt, which would amount to the...
View ArticleA Shocking Statistic About How Much Hewlett-Packard Spends On Advertising...
In the latest Coca Cola 10K they declare advertising expense in millions of dollars as follows:2009 $2,791 2010 $2,917 2011 $3,256I like to measure advertising expenses in "Coca Cola...
View ArticleWhy Sony Is A Greater Risk Than Panasonic In The Electronics Downturn
TOKYO (Reuters) - Panasonic Corp has a better chance than rival Sony Corp of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines...
View ArticleNow Get Ready For A Huge Economic Boost From Hurricane Sandy
Nov. 23 (Bloomberg) -- John Cataneo is working his 20 employees overtime and still can’t keep up with demand from customers who need plumbing repaired after superstorm Sandy. He says he’s hired two new...
View ArticleThe New Normal Is Terrible For Forex Traders
Nov. 23 (Bloomberg) -- The world’s largest currency traders say foreign-exchange revenue is sliding as central-bank policies stifle price swings and cut volumes by $300 billion a day.Deutsche Bank AG,...
View ArticleThe Real Long-Term Perspective On US Government Bonds
One thing I constantly hear is “interest rates only have one direction to go – UP!” There’s this myth that t-bond yields and interest rates in general just have to go higher. But history does not...
View Article10 Things You Need To Know Before The Opening Bell (RIMM, SPY, DIA)
Good morning. Here's what you need to know.Asian markets were mixed in overnight trading with the Shanghai Composite up 0.58 percent. The Nikkei was closed for a national holiday. European markets and...
View ArticleA 'Real' Look At Gallup's Holiday Spending Survey
Earlier this week Gallup released its latest survey on holiday spending plans. The title of the article nicely summarizes their findings: U.S. Christmas Spending Intentions on Pace With 2011.The Gallup...
View ArticleROSENBERG: Here's How You Should Invest For 10 Near-Certainties
In his latest research note, David Rosenberg, the chief strategist at Gluskin Sheff, has come up with ten key things he thinks will happen and how investors can maneuver around those events.Here's...
View ArticleStocks Are Going Bonkers
Stocks are near the high of the day in today's holiday shortened trading session.Earlier this morning, markets got a lift after headlines crossed that the ECB would forego $9 billion in future profits...
View ArticleDOUG KASS: 'I Am Long And Getting Longer China'
The risk of a Chinese hard landing is still on many people's minds.However, this isn't keeping Doug Kass out of Chinese stocks.He's buying the Chinese ETF $FXI.For Kass, this represents a turn in his...
View ArticleCHART OF THE DAY: November To January Is The Most Bullish Time Of The Year
"More than half of historical annual market returns come from a quarter of the year, during the Nov-Jan period," writes David Bianco, Deutsche Bank's Chief US Equity Strategist.According to his...
View ArticleEurope Made A Huge Breakthrough This Year, And Hardly Anyone Has Talked About It
The year isn't over yet, but we have an early, sleeper suggestion for Chart Of The Year.It's the yield on the Italian 10-year bond.Bloomberg: Italy Govt Bonds 10 Year Gross YieldAfter today's close,...
View ArticleJCPenney Sourcing Exec Abruptly Resigns (JCP)
JCPenney EVP of product development, design and sourcing Ken Mangone has resigned.He joined JCPenney in 1977, and helped establish the retailer's private brands."We can confirm that Ken Mangone is no...
View ArticleWalmart Declares That This Was Its Best Black Friday Ever
Walmart says this year's Black Friday was its best ever, as huge crowds lined up to get the best promotions. "During the high traffic period from 8 p.m. through midnight, Walmart processed nearly 10...
View ArticleSEARS EXEC: Black Friday Shoppers Have A Totally Different Attitude Now
This year's Black Friday shoppers have a totally different attitude and are more relaxed than years past. Because stores are opening on Thanksgiving, shoppers aren't camping overnight and aggressively...
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