Warren Buffett And George Soros Are Pushing For Another Tax Increase, But No...
As the fiscal debate focuses on whether to raise the federal income tax rates for the top 2 percent of Americans, other possible tax increases have taken a backseat in the debate. But a group of...
View ArticleTO CATCH A THIEF: Jeff Gundlach's Epic First Presentation On The Economy...
Bond god Jeff Gundlach just hosted a call to update clients of DoubleLine Funds. And his presentation was appropriately titled "To Catch A Thief."In September, Gundlach's home was burglarized and...
View ArticleLARRY FINK: 95% Of People Talking About The Fiscal Cliff Have No Clue
Larry Fink, the CEO of BlackRock was on Bloomberg Television today, to discuss everything from the economy to BlackRock's businesses.Fink is "very bullish" on the economy and he thinks "95%" of people...
View ArticleKorean Won Falls After North Korea Fires Rocket
Just before 8:00 PM EST, North Korea launched a rocket, which later crashed approximately 300 km off the east coast of the Philippines.The Korean Won fell modestly against the dollar following the...
View ArticleThe White House Makes A Fiscal Cliff Tax Move Designed To Further Isolate...
The conventional wisdom is that the GOP is already operating from a position of weakness in the Fiscal Cliff talks, in part thanks to polls indicating that the public would blame them if the Cliff is...
View ArticleEuro Surges On Report Berlusconi May Not Run
Bloomberg is reporting that Silvio Berlusconi may withdraw his candidacy for prime minister if current prime minister Mario Monti steps in.According to Bloomberg, Berlusconi says he has very high...
View ArticleFED WILL KEEP RATES LOW AS LONG AS UNEMPLOYMENT IS ABOVE 6.5%, INFLATION...
The Federal Reserve's monetary policy decision from the December FOMC meeting is out.The Fed has adopted quantitative thresholds for its monetary easing measures.Rates will stay low as long as...
View ArticleThe Fed Announces 'Evans Rule' — A Historic Change In Monetary Policy
There has been a huge, historic monetary policy statement from the Fed.The Fed is now linking future monetary policy moves to hard economic thresholds on unemployment and inflation.Previously, monetary...
View ArticleThis Joke Says Everything About How Much New Yorkers Hate Walmart (WMT)
Last night, Walmart CEO Mike Dukespoke at the Council on Foreign Relations in Manhattan. Outside, dozens of protesters picketed against his alleged bribery scandal, worker pay and treatment of...
View ArticleListing A Sketchy Chinese Company In The US Sounds Pretty Easy
Yesterday, the SEC filed a complaint against "David" Zhou for allegedly being a "gatekeeper" for Chinese companies that wanted to bypass disclosure regulations and enter the U.S. market.This is yet...
View ArticleMAP: Where Incomes Have Tumbled Since 2007
Just 94 out of the more than 3,000 counties in America saw statistically significant increases in median household income between 2007 and 2011, according to new Census data.The gains were concentrated...
View ArticleThis Gold Move Is Heartbreaking For Gold Bugs
The Fed just announced an aggressive new idea to keep easing.If you believed poplar talk, the Fed just committed to "printing" like crazy forever.So how did gold do? Sure it spiked for a second after...
View ArticleBANK OF AMERICA: These Are The 10 Best Stocks For 2013
Bank of America Merrill Lynch's Equity and Quant Strategy team, led by Savita Subramanian, is bullish on stocks. Their year-end target for the S&P 500 in 2013 is 1600 is one of the most optimist...
View ArticleFINANCIAL ADVISOR INSIGHTS: A New Investor Manifesto
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Housing Is Not Exempt From The Fiscal Cliff (Bank of AmericaMerrill Lynch)In a...
View ArticleThe Top Buyers' And Sellers' Markets For American Homes
For the second time in a row, Chicago has topped Zillow's list of best large metro home markets for buyers, according to the Chicago Tribune's Mary-Ellen Podmolik.The best market for sellers?San Jose,...
View ArticleFEDERAL RESERVE DOWNGRADES ECONOMIC FORECASTS
UPDATE: The FOMC's updated macroeconomic projections are out.Click here for updates >2013 GDP growth forecasts were lowered to a range of 2.3-3.0 percent, down slightly from September's estimate of...
View ArticleBen Bernanke Explains The Thinking Behind Today's Historic Fed Decision
The Federal Reserve just unveiled historic policy measures as a result of its December policy meeting.The Fed announced QE4 as expected, but it surprised markets by adopting quantitative thresholds...
View ArticleRAY DALIO: The US Economy Is Facing A Rare Set Of Circumstances That Will Be...
At the Dealbook conference, Ray Dalio, Steve Schwarzman and David Rubinstein just wrapped up a panel on investing and markets.Of particular interest was Ray Dalio, the hedge fund god who has been...
View ArticleSolar Stocks Are Soaring After China Announces New Subsidies (JASO, LDK,...
China announced it will increase subsidies for solar companies by $1.11 billion (7 billion yuan), according to multiple news outlets.Solar company stocks are surging on the news, including:JA Solar...
View ArticleMarket Rally Fading
Stocks jumped after the Fed released its latest FOMC statement.However, the rally has been fading for much of the afternoon, and stocks are now about to go negative.The Fed announced it adopted...
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