Clik here to view.
Here's What Markets Did On Christmas Day While You Weren't Paying Attention
While much of the world went into shutdown mode on Christmas, markets stayed open in many places.Here's a quick rundown of how markets did in some of them: The big standout: China was up over...
View ArticleClik here to view.
Holiday Retail Sales Growth Comes At Just 0.7% — Weakest Since 2008
WASHINGTON (AP) — U.S. holiday retail sales this year grew at the weakest pace since 2008, when the nation was in a deep recession. In 2012, the shopping season was disrupted by bad weather and...
View ArticleClik here to view.
And Now Comes A 'Tense' Final Few Days Of The Year
And now that life is returning to normal: Constant attention to the Fiscal Cliff.Here's what UBS's Anthony Ip wrote earlier this week: In a statement on Friday, Obama described his plan as an...
View ArticleClik here to view.
MERRY CHRISTMAS: Chinese Credit Ratings Agency Dagong Puts The US On Negative...
Not that it affects anything at all, but Chinese credit rating agency Dagong used Christmas to put the US on negative watch.Here's the full release.----------------------------------------Dagong Global...
View ArticleClik here to view.
Oil Spikes After Headlines About New Mideast Terror Arrests
West Texas Intermediate crude oil futures just made a big move higher, right at 9 AM. It's now trading up 2.6 percent on the day:News just broke of a foiled terrorist plot in the Middle East:UAE...
View ArticleClik here to view.
Professor: Don't Be Surprised If There's A War Between Japan And China In The...
Chinese planes flew near Japanese airspace Monday to assert its claims to Japan's Senkaku islands (China calls them the Diaoyu islands).The move came just as Japan announced its new prime minister.Hugh...
View ArticleClik here to view.
MICHELLE MEYER: One Thing Explains Why Home Prices Are Rising In Some Cities...
The Case-Shiller Home Price report is out, and the 20-city index climbed 4.31 percent year-over-year, beating expectations.However, some cities saw stronger price gains than others. And some cities,...
View ArticleClik here to view.
Richmond Fed Manufacturing Misses Expectations And Falls To 5
The December Richmond Fed Manufacturing Index is out and it's a miss.The headline number fell to 5 from 9 in November. Economists were looking for a reading of 8."Looking at the broad indicators of...
View ArticleClik here to view.
UNVEILED: Morgan Stanley's 10 Smartest Trades For 2013
Morgan Stanley's global cross-asset strategy team, led by Greg Peters, is out with its Top 10 Asset Allocation Trades for 2013.The trades sum up investment bank's macro views and are fairly...
View ArticleClik here to view.
How America's Shale Revolution Could Ruin The European Union
The story of the year is arguably the growth of shale oil and gas as a viable part of the U.S. economy.In a New York Times op-ed yesterday, Alan Riley, a professor of energy law at The City Law School...
View ArticleClik here to view.
Apple Is Weak Again
No post-Christmas pop for Apple.The stock goes into the final few days of the year just like it went into them: As a big dog. While the general market is flat, Apple is off over 1%.Please follow Money...
View ArticleClik here to view.
The Market Is Crumbling
The selloff in stocks is picking up pace in the final hour of morning trading in the United States.The S&P 500 is down 0.5 percent at the moment, and it's the first big move we've really seen...
View ArticleClik here to view.
CONTAINER CLIFF: A Massive Strike Could Cripple America's Ports Starting Sunday
All major American ports along the East Coast and Texas could shutdown Sunday if a dock worker's union fails to agree to a new contract, the New York Post's Josh Margolin reports.That outcome seems...
View ArticleClik here to view.
Top Financial CEO: Japanese Stocks Could Surge 30% Next Year
TOKYO (Reuters) - Japan's Nikkei stock average could rally nearly 30 percent in 2013 due to an aggressive push to reflate the economy under the country's new premier, the chief executive of Daiwa...
View ArticleClik here to view.
Japan Is On The Verge Of A Watershed Moment In Central Banking, And The Yen...
Really big story unfolding in currency markets: The decline of the yen.Today is Shinzo Abe's first day in office as new Japanese Prime Minister, and it's filled with fresh headlines about what he wants...
View ArticleClik here to view.
A Decades-Old Deal With Uranium Miners Is Causing Trouble For The EPA
GILLETTE, Wyo. — On a lonely stretch at the edge of the Great Plains, rolling grassland presses up against a crowning escarpment called the Pumpkin Buttes. The land appears bountiful, but it is stingy,...
View ArticleClik here to view.
The New Black Friday Strategy Backfired On America's Retailers
This year's holiday retail numbers are uglier than anticipated. Growth came in at 0.7 percent— the weakest since 2008.The strategies that retailers used over the holidays didn't convince enough...
View ArticleClik here to view.
CHART OF THE DAY: The US Stock Market Is Now One Of The Most Expensive In The...
U.S. stocks have been outpacing earnings growth in recent periods. This means that price-earnings multiples have been expanding.However, Morgan Stanley's Greg Peters is concerned that these multiples...
View ArticleClik here to view.
The College Textbook Bubble Is Out Of Control
Anyone who has purchased college textbooks knows that they're expensive.However, it might be surprising how quickly prices are rising.Professor Mark Perry of the Carpe Diem blog has been following this...
View ArticleClik here to view.
MASTERCARD: The Media Created The Negative Trend In Consumer Confidence And...
U.S. holiday sales growth was just 0.7 percent this year, missing expectations, according to MasterCard Advisors SpendingPulse.There was a drop in consumer confidence and it was primarily due to the...
View Article