JP MORGAN'S COMPLETE GUIDE TO THE MARKETS
David P. Kelly, chief global strategist at JP Morgan Funds and his team have published the latest quarterly Guide To The Markets.As investors head into the first quarter, Kelly and his team put...
View ArticleRail Traffic Shows The Economy Is Still Muddling Through
The first reading on rail traffic showed a modest decline to -0.1%. The beginning of the year is usually a volatile period for rail traffic trends so it’s better to take a bit longer view here. The...
View ArticleCameron Says U.K. Needs Low Interest Rates
Jan. 6 (Bloomberg) -- Prime Minister David Cameron predicted a difficult year for the U.K. economy that will require maintaining the current mix of low interest rates and budget-deficit reduction.“It’s...
View ArticleJPMORGAN: The US Recovery Is About To Hit A Pothole
As discussed earlier (see post), US manufacturing sector has begun to recover. Manufacturing orders in the US as well as in Emerging Asia (see post) have diverged from other large economies. This...
View ArticleCHART: Inflation Since 1775 And How It Took Off In 1933
Yesterday at the American Economic Association's 2013 Annual Meeting, Carmen Reinhart and Ken Rogoff offered a paper titled Shifting Mandates: The Federal Reserve’s First Centennial.The paper included...
View ArticleWhy Gold Is On Its Longest Losing Streak In 8 Years
Gold is on its longest losing streak in 8 years.Per the AP, it's now fallen 6 straight weeks, and is 8% below where it was on October 4.Why is gold losing its appeal?There are two main drivers of...
View ArticleThe Era Of Gas-Guzzling Cars Is Officially Over
The average fuel economy of cars in America hit 23.5 miles per gallon, the highest figure ever recorded, according to the University of Michigan.It's also at least the fifth-consecutive year the figure...
View ArticleIs The Market Going To Develop An Immunity To Washington DC?
In a note previewing the upcoming Debt Ceiling fight, Goldman's Alec Phillips showed this intriguing chart.The chart shows the volatility index in the days leading up to the Debt Ceiling and the Fiscal...
View ArticleFELIX SALMON: There Is Something Fishy About The Government's Official Jobs...
CC: @jack_welch.Reuters critic Felix Salmon thinks there's something fishy about the official BLS jobs numbers!No, he's not alleging political interference. But he does make this point.The jobs numbers...
View ArticleMCCONNELL: 'Hopefully, We Don't Need To Get To The Point' Of Default
Republican Senate Minority Leader Mitch McConnell laid the groundwork for a fight over raising the country's debt ceiling on Sunday. But he would not say whether he would accept a government default if...
View ArticleThese Poll Questions Show Why The GOP Thinks It Has A Huge Edge On The Debt...
As Congress prepares to enter into a debate over whether to pay the nation's bills and raise the debt ceiling, a new poll provides a glimpse into what could be some crucial points of Republican...
View ArticleThese 16 Companies Are Leading A Retail Revolution
Morgan Stanley's internet and retail research teams led by Scott Devitt just published a big report on global eCommerce, which they project will be a $1 trillion market by 2016.eCommerce and retail are...
View ArticleToday Is On Pace To Be One Of The Most Boring Days In Over A Decade
Great nugget here from Jonathan Krinsky of Miller Tabak about the lack of volatility seen so far today.2 hours into trading, and the intra-day range for the SPY is only 0.27%. Should that hold, it...
View ArticleCREDIT SUISSE: 8 Key Indicators Suggest A Stock Market Selloff Is Near
Credit Suisse Global Equity Strategist Andrew Garthwaite and his team are taking a bit of stock market exposure off the table after the recent run-up in the S&P 500 over the past month.Garthwaite...
View ArticleA New Survey Shows That Americans Are Getting Even More Optimistic About Housing
The latest monthly national housing survey from Fannie Mae shows that a record 43 percent of those polled in December expect home prices to rise in 2013.However, 20 percent said they expect their...
View ArticleCongressman To Introduce Law To Ban The Trillion Dollar Platinum Coin
The campaign to get around the debt ceiling by using a Trillion Dollar Platinum Coin has reached a new level of intensity today.Earlier today, Paul Krugman hopped on board and said Obama must be ready...
View ArticleDwindling Housing Supply Continues To Be A Key Driver Of Home Prices
Bloomberg BRIEF recently published its 2012 Review and 2013 Outlook Supplement.In the report, economist Joseph Brusuelas notes that the dwindling supply of housing is bullish for the continued recovery...
View ArticleA Recurring Pattern In The Labor Market May Show That The Economy Is Weaker...
Last week, economic data indicated some progress on the unemployment crisis and the broader economic recovery underway in the United States.On Friday, nonfarm payrolls numbers came right in line with...
View ArticleDow Jones Off 75
Today has been remarkably quiet.There was no economic data in the U.S. this morning.Earlier, the S&P 500 was on track to trade in one of its narrowest intraday ranges in 17 years.Stocks took a bit...
View ArticleCHART OF THE DAY: The Elements Of Social Unrest Loom Large Across Europe
Though the euro crisis appears to have mostly faded from the headlines lately, the economic trouble in Europe isn't going anywhere.Perhaps one of the best illustrations of this is the array of...
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