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The Dow Goes A Teeny Bit Red As Obama Speaks
Kind of a cliche that the market goes down when Obama speaks and... a very tiny selloff happens.Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
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Markets Are Staging A Huge Comeback After Boehner's Comments
UPDATE:Market are now near their highs of the day.EARLIER (10:59 AM EST):Stocks had an ugly start this morning with the Dow down over 100 points. But they have been roaring back and are flat for the...
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Obama Says He Wants A Deal On The Fiscal Cliff 'By Christmas'
President Barack Obama is speaking at the White House, urging Congress to extend the Bush tax cuts for the middle class and reach an agreement over how to avoid the fiscal cliff. "Our ultimate goal is...
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SocGen Has Put Together Ultimate Presentation On Markets, Economics, And What...
SocGen's top cross-asset strategist Alain Bokobza and his team just put out their global investment outlook for 2013.The title of the presentation – 2013: European Assets Strike Back – just about says...
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Here's What's Happening In North America's #1 Housing Bubble
Canadian home prices mirrored U.S. home prices surging from 2001 to 2008 when they suddenly plunged during the global financial crisis. Since 2009, however, they have once again been on a tear again...
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Holiday Sales Don't Tell Us How The Markets Will End The Year
Retail sales during Thanksgiving weekend — the traditional start of the holiday shopping season — climbed 13% as more shoppers hit the stores and spent more money, according to the National Retail...
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Why China's New Leadership Is A Lot Less Conservative Than Everyone Thinks
NEW HAVEN – China’s recent leadership transition was widely depicted as a triumph for conservative hard-liners and a setback for the cause of reform – a characterization that has deepened the...
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Here Comes The Beige Book...
The Federal Reserve will publish its latest Beige Book at 2:00 PM EST.Click Here For Updates >The Beige Book is a report that compiles anecdotes about the economy from the Fed's 12 districts.More to...
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Apple Is Going To Launch A $200 iPhone To Fight Android And Stop Losing...
One big choice Apple faces is whether to maintain its extraordinarily high profit margin by staying in the "premium" segment of the smartphone market......or to combat its loss of market share to...
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Few People Realize Just How Stacked The Odds Are Against A Sustained Market...
Inquiring minds are reading John Hussman's article on Overlooking Overvaluation. Our estimates of prospective stock market return/risk, on a blended horizon from 2-weeks to 18-months, remains among the...
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US Futures Are Up
European markets and U.S. futures have been up all morning.Dow futures are up 63 points. S&P futures are up 8 points. Nasdaq futures are up 19 points. The 10-year yield is at 1.64%.At 8:30, we got...
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ART CASHIN: One Sentence Perfectly Describes The Problem On Three Continents
Policy uncertainty tops the lists of risks hanging over the global economy and financial markets.But in many cases, politicians face gridlock as they struggle to get political deal through.Art Cashin...
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Here's What The Fiscal Cliff Deal Is Starting To Look Like
With just more than a month before the so-called "fiscal cliff" will force a plethora of new tax increases and spending cuts, the framework of a deal to avert the cliff is beginning to come...
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There Was An Extremely Rare Strike In Singapore, And The Government Seriously...
Strikes are extremely rare in Singapore. There hasn't been once since shipyard workers dissented all the way back in 1986.So when 171 bus drivers went on strike this week, the government played...
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One Look At The Defense ETF Tells You Everything You Need To Know About...
The defense ETF (ITA) is considered to be ground zero of the fiscal cliff fight, as the "sequester" would hammer defense companies.Anyway, as Dave Lutz of Stifel, Nicolaus notes, the ITA is at its post...
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The Italian Market Is Going Insane
More global rally. Look at Italy. It's up nearly 2.5%.Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
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PENDING HOME SALES SURGE TO A 5-YEAR HIGH
Pending home sales surged 5.2 percent in October.This was much higher than the 1.0 percent gain expected by economists.Click Here For Updates >"We've had very good housing affordability conditions...
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The 8 Things That Are Awful About The Fiscal Cliff
The fiscal cliff is awful.Here's why.1. It's awful that there's any possibility of imminent austerity.The US recovery has far exceeded the recovery around the entire world because the US has been able...
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NY Fed's Dudley: Job Growth Is 'Insufficient' To Change 'Unacceptably High'...
New York Fed President William Dudley is weighing "unacceptably high" jobless numbers as he thinks about the Federal Reserve's next policy move, reports Bloomberg.This comment came during a speech...
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American Eagle's Smart Tactic For Dominating The Teen Market
Since CEO Robert Hansen took over American Eagle last year, sales and profits have soared. American Eagle is the analyst favorite in teen retail, with earnings per share up a stunning 37 percent from a...
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