A Fabulous Overview On The Controversial Economic Developments Happening In...
Research and portfolio group Waverly Advisors is out with a new presentation on Japanese markets.The takeaway: it's time to short everything denominated in Yen — as well as the Yen itself.Waverly says...
View ArticleA Frontier Market Hedge Fund Is Killing It, In Part Thanks To Nigerian Banks
In a year when hedge funds are getting crushed, emerging and frontier market-focused firm Caravel Management is up over 30%.Business Insider heard Caglar Somek, a partner and portfolio manager at...
View ArticleRICH BERNSTEIN: Here Are My Big 13 Investment Predictions For 2013
Each December we publish a list of investment themes that we feel are critical to the coming year.We continue to believe that US equities are in the midst of a major bull market that could ultimately...
View ArticleCHART: It's Hard To See An Economic Recovery In The Food Stamp Data
Here's a chart from Bloomberg BRIEF economist Michael McDonough showing the number of people on food stamps overlaying the cost of food stamps as a percentage of grocery sales.It's hard to see an...
View ArticleObama Rips Michigan's Anti-Union Law, Says Republicans 'Manufacture Crises'
President Barack Obama is delivering a forceful attack on Michigan's pending "right-to-work" legislation Monday, telling workers at a Detroit auto plant that the law is motivated by politics, not...
View ArticleAnd Stocks Just Turned Red
After being up for most of the day, stocks just turned red.There was no major economic, earnings, or poliitcal news today.Perhaps that third point is what's taking the air out of markets...
View ArticleBofA: Here's The Lowest Gold Prices Will Go
BofA Merrill Lynch is fairly bullish on gold over the next few years – they expect the shiny yellow metal to rise to $2400 an ounce by the end of 2014.Calls like this usually capture all of the...
View Article15 Fantastic Charts From 'Triumph Of The Optimists' —One Of The Most Famous...
In 2002, three economics professors — Elroy Dimson, Paul Marsh and Mike Staunton — published Triumph of the Optimists, an exhaustive look at a century's worth of investment returns.We liked it so much...
View ArticleGigantic Map Reveals The Modern Pirate Hot Spots That Terrify Shippers Around...
Lloyd's of London, the world's most prestigious insurer, operates a group called the Joint War Committee.It's in charge of determining the most dangerous ports, shipping lanes and coastlines in the...
View ArticleSTOCKS RISE: Here's What You Need To Know (DIA, SPY, QQQ, MCD, GRPN)
Not much happened in the U.S. today.First the scoreboard:Dow: 13,169, +14.7, +0.1 percentS&P 500: 1,418, +0.4, +0.0 percentNASDAQ: 2,986, +8.9, +0.3 percentAnd now the top stories:There was no...
View ArticleIt Sounds Like Obama And Republicans Are Getting A Lot Closer To A Deal On...
White House Press Secretary Jay Carney said Monday that "lines of communication are open" and that President Barack Obama still believes an agreement can be reached on the fiscal cliff following his...
View ArticleUnder Obama's Proposal, Top Tax Rates Would Actually Be Higher Than...
In pushing to end Bush-era tax cuts, president Obama has argued that top taxes would only revert to levels seen during the Clinton years. But in a Bloomberg View column, Alan D. Viard of the American...
View ArticleFINALLY: US Treasury Announces Sale Of Remaining AIG Stake
Bloomberg reports that the U.S. Treasury will sell its remaining stake in AIG, the insurer that was partly nationalized during the depths of the financial crisis.The Treasury will sell 234.2 million...
View ArticleXi Jingping's Weekend Getaway May Have Been China's Trip Of The Decade
Xi Jinping, head of China's Communist Party and set to become president in March, took just made a jaunt down to Shenzhen, a medium-sized city just outside Hong Kong in the southern part of China.It...
View ArticleWhy Everyone Is Talking About The Death Of The Dollar Again
As the obsession with cutting the deficit reaches new levels, some Washington lawmakers are looking at an old idea that never took off: Replacing the dollar bill with the dollar coin.On November 29,...
View ArticleWALL STREET: Here's Where The Stock Market Is Heading In 2013
It's that time of year again when Wall Street's top equity strategists publish their 2013 targets for the S&P 500.The Reformed Broker Josh Brown likes to call it "silly season" as the success of...
View ArticleGoldman's Entire Economic And Market Outlook In 2 Tiny Tables
Here's what Goldman Sachs expects for everything:SEE ALSO: GOLDMAN: These 10 Big Stories Will Dominate Markets In 2013 >Please follow Money Game on Twitter and Facebook.Join the conversation about...
View ArticleThis Interactive Tool Will Show You What The Unemployment Rate Will Look Like...
Assuming the BLS projections for the labor force until 2020 are correct, what will the unemployment rate look like for the rest of the decade?Background for this question comes from two prior...
View ArticleWhy Goldman's Top Economist Is Worried About What Happens If We Go Into...
Earlier today we published our interview with Goldman top economist Jan Hatzius.In its, he he emphasized that beating the Fiscal Cliff deadline is significant, and that there's really not much...
View ArticleThe Market Isn't Impressed With The New Stories About The Fiscal Cliff
There are some headlines out tonight about fiscal cliff progress. Here's WSJ.The market is not impressed.Futures are ticking lower tonight (and markets are lower in Asia).Please follow Money Game on...
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