America Faces A Devastating 'Container Cliff' As Port Labor Negotiations...
Contract negotiations have once again broken down between striking container port workers and maritime commercial shippers, threatening commerce across the country.To recap: Clerical workers from the...
View ArticleJapan Is On Its Longest Streak Of Trade Deficits Since 1980
Japanese exports fell 4.1 percent in November.However, it wasn't as bad as the 5.5 percent drop expected by economists.The export driven economy has been getting slammed thanks to political turmoil...
View ArticleBOOM: NIKKEI 10,000!
Japan's stock market just opened, and the Nikkei rose above 10,000 for the first time since April 4.Before the markets opened in Asia, we learned that Japan's exports fell 4.1 percent in...
View ArticleDEUTSCHE BANK: 13 Outlier Events For 2013
Investment strategists have been busy putting together their 2013 outlooks over the past few weeks, detailing their thoughts on how the year ahead will look from a market perspective.A few, like...
View ArticleLook At All The Reforms China Has Passed Since The Party Congress
After China's leadership handover in November, media outlets everywhere said that those expecting big reforms out of China would be disappointed. The argument was that Jiang Zemin and his conservative...
View ArticleGerman Business Confidence Climbs, Beat Expectations
Germany's Ifo Business Climate Index climbed to 102.4 from 101.4 in November.This beat economists expectation for 102.0.This is a welcome development, as much of the recent German economic data had...
View ArticleMarkets Are Up Across Europe, Spain Surging
Markets are up early in the European trading session.England's FTSE 100 is up 0.3%.France's CAC 40 is up 0.3%.Germany's DAX is up 0.1%.Spain's IBEX is up 1.2%.Italy's FTSE MIB is up 0.6%.Earlier this...
View ArticleMAP: The State Of European Politics
If you don't know anything about what's going on in Europe, you should at least know this. From Deutsche Bank's House View (click to zoom):Please follow Money Game on Twitter and Facebook.Join the...
View ArticleFitch Warns Of Increased Risk Of A US Downgrade
LONDON (Reuters) - Ratings firm Fitch warned on Wednesday there was an increased likelihood it would strip the U.S. of its triple-A status if Washington does not prevent $600 billion of spending cuts...
View ArticleDavid Rosenberg's 7 Phases Of Fed Policy
In this morning’s note David Rosenberg touched on the 7 phases of Fed policy.Phase 1: Attempting to stabilize the mortgage market (August 2006 – January 2007)Phase 2: Responding to the financial...
View ArticleThe Plunging Price Of Beans
Pinto and black bean prices are down more than 20 percent since last December, the USDA reports today.Pinto beans dropped -23.3 percent to $0.33 cents per pound, compared with $0.43 cents last year....
View ArticleWhy China May Be Facing A US-Style Credit Crunch
China, already struggling with a slowing economy, may now be facing the type of credit crunch that helped derail the U.S. economy four years ago.Among the all-too-familiar ingredients: supposedly...
View ArticleA Trader's Take On The Selloff In Gold
Yesterday we posted some comments from a futures trader about why he thinks gold is tanking. Since then, we've received a bunch of emails from traders sharing their thoughts about why gold is down....
View ArticleGun Stocks Are Surging (RGR, SWHC, CAB)
President Obama just announced a panel to study new gun violence prevention measures.The market is not worries — gun stocks are way up.Sturm, Ruger is up 5 percent. Swith & Wesson is up 8...
View ArticleGrover Norquist's Group Says Boehner's Plan That Would Let Taxes Rise On...
The most influential conservative advocacy group on taxes — Grover Norquist's Americans For Tax Reform — said in a statement today that it does not consider John Boehner's "Plan B" a tax increase.It's...
View ArticleA Crucial Leading Indicator Of Commercial Real Estate Hits Its Best Level...
Note: This index is a leading indicator primarily for new Commercial Real Estate (CRE) investment. From AIA: Architecture Billings Index Signaling Gains for Fourth Straight MonthBillings at...
View ArticleThe 11 US Cities That Are Having The Worst Recoveries
While the recovery is picking up pace around the country, some cities are stuck in hard times, according to Brookings Metropolitan Program's latest report.The MetroMonitor looks at employment,...
View ArticleThe 11 US Cities That Are Having The Best Recoveries
A surprising spike in home prices in some of America's biggest cities has boosted the recovery, according to Brookings' latest report.The MetroMonitor looks at employment, unemployment, production, and...
View ArticleProof That The White House Is Freaking Out About Boehner's New Fiscal Cliff Plan
The White House slammed House Speaker John Boehner's so-called "Plan B" on Wednesday, part of a two-day pushback that has been notably aggressive.From communications director Dan Pfeiffer's statement...
View ArticleBill Ackman Is Short Herbalife And The Stock Is Diving (HLF)
CNBC's Kate Kelly reports that hedge fund titan Bill Ackman, the founder of Pershing Square Capital Management, is short Herbalife. The hedge fund manager considers Herbalife to be a pyramid scheme,...
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