The Dragon Is The Stock Market's 2nd Favorite Chinese Zodiac Sign
The Year of the Dragon is now upon us. What does this mean for stocks? Well, according to The Economist's chart of the day, the Year of the Dragon is historically a pretty great year for stocks....
View Article6 TOP ECONOMISTS ANSWER: Is The Euro Crisis Over? And If Not, What's Next?
Investor sentiment about Europe has been slowly turning positive, and economic indicators on the Continent are surprising analyst expectations across the board. So is this the end of the panic? We...
View ArticleHere Are The Key Market Moving Events For Tuesday, January 24 (MCD, BHI, TRV,...
Markets will remain focused on earnings as major corporates across the technology, communication, and health care industries report quarterly results on Tuesday. On the economic data front, leading...
View ArticleCHART: Everything Rail Giant CSX Moved In Q4 And 2011 (CSX)
CSX, one of the largest railroad operators in the US, said Q4 revenue climbed 5% to $3 billion. This was in line with analysts' expectations. Adjusted for an extra week in 2010, revenue jumped 12%....
View ArticleS&P Downgrades Three Big French Banks
S&P announced this evening it had cut its ratings of three major French banks. Credit Agricole and Societe Generale were downgraded to A from A+. Caisse des Depots et Consignations was downgraded...
View ArticleJIM O'NEILL: This Simple Fact Refutes All The Hype About The Chinese Real...
The latest letter from GSAM's Jim O'Neill has an interesting nugget designed to refute the China bubble-istas. One other point for all the China bubble watchers out there. Official Chinese estimates...
View ArticleAsian Markets Open The Day In Positive Territory
Asian markets have started the day moderately higher, ahead of a series of economic announcements in Europe and corporate earnings in the U.S., including Apple, Yahoo!, and McDonald's. A market update...
View ArticleBank Of Japan Keeps Interest Rates Unchanged, But Cuts Its GDP Growth Forecast
TOKYO (AP) — Japan's central bank said Tuesday it expects the economy to shrink slightly during the fiscal year ending in March instead of expanding as it forecast earlier because of the overseas...
View ArticleHere's Why Analysts Don't See The Fed Raising Interest Rates Before 2014
WASHINGTON (AP) — It could be quite a while yet before the Federal Reserve starts raising the interest rates it's kept at record lows for three years. Maybe not before 2014. That's the thinking of...
View ArticleWall Street's Hilarious Guide To Investing And Generating Personal Wealth In...
Kung hei fat choi! As the world commences the Year of the Dragon, some eastern oriented investors are wondering how they should be invested. CLSA, a subsidiary of Credit Agricole, just released a...
View ArticleWAKE UP: Portugal Is Back In The Danger Zone And European Markets Are Slipping
A report from the WSJ warns that the IMF may require Portugal to present financing plans a year ahead of time to pay back debts in September 2013. Traders warn this may force Portugal to accept a...
View ArticleSWITZERLAND: Here's How A $50,526 Minimum Income Could Backfire
Switzerland is vote crazy. It has a referendum on most issues. There is a vote coming up that I’m sure will pass. This time around, the Swiss are going to vote themselves a big salary increase. As a...
View ArticleThe New Fed Voters Are Likelier To Back A Push For More Easing
NEW YORK (AP) — If Chairman Ben Bernanke decides the economy needs more help from the Federal Reserve this year, he probably won't face as much resistance as he did last year. Call it the changing of...
View ArticleMacy's Sues Martha Stewart Living To Block Deal With JC Penney's
NEW YORK (AP) — Macy's Inc. has sued Martha Stewart Living Omnimedia Inc. in a bid to block a licensing deal between the housewares company and J.C. Penney Co. The lawsuit was filed Monday in New York...
View ArticleHere's The US Energy Outlook From Now Through 2035
Natural gas prices were weak through 2011. However, the long-run expectation is for prices to rise. The EIA's Annual Energy Outlook 2012 shows that natural gas production is expected to outstrip...
View ArticleCredit Suisse: 11 Reasons Why We'll See S&P 1400 This Year
Credit Suisse recently upgraded their target for the S&P 500 based on improving economic conditions and the reduced likelihood of a recession. In a recent update to their equity strategy they...
View ArticleFannie & Freddie Would Need Another $100 Billion From Taxpayers For Obama's...
Fannie Mae and Freddie Mac have already cost US taxpayers over $200 billion. If Obama gets his way on mortgage writedowns, the GSEs estimate it would take another $100 billion. Since such estimates...
View ArticleChemical Giant DuPont's Q4 Earnings Decline Less Than Expected, Strength In...
DuPont reported Q4 EPS excluding some items decllined to $0.35 from $0.50 a year ago. Net revenue jumped 14% to $8.4 billion. Results were mixed relative to analysts estimates. Analysts were expecting...
View ArticleChina's Explosive Debt Growth Can't Continue Much Longer
Before starting on the subject of debt I wanted to make a quick reference to something sent to me by Charles Horner, a senior fellow at the Hudson Institute. I am glad to say that the overinvestment...
View ArticleKey Takeaways From Apple's Monster Earnings (AAPL)
This note is from Business Insider Intelligence, our internet industry research service. To find out more and get a free 30 day trial, click here. Apple's earnings were a huge blowout. Here's a...
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