The 'Right-Leaning' Inventor Of The Trillion Dollar Coin Explains How He Came...
By day, he's a 39-year-old lawyer in Atlanta.Also by day — like many other bored attorneys — he haunts policy blogs and starts bullshit sessions with like-minded professionals about problems ailing the...
View ArticleCHART OF THE DAY: The Historic Surge Into Stock Mutual Funds That Has...
This week, among record fund flows into stocks around the world, long-only equity mutual funds recorded inflows of $8.9 billion – the biggest weekly inflow seen since March 2000, during the height of...
View ArticleThe Problems Just Won't End For Boeing's Dreamliner (BA)
The reputation of Boeing's 787 Dreamliner, the long-awaited jet that promises to make flying more efficient and pleasant, has been regularly marred over the past few years, reaching what may prove to...
View ArticleHow The Emerging Markets Added To Global Growth Every Year Since 1970
Here's a straightforward chart from a presentation given by Joachim Fels, Chief International Economist for Morgan Stanley.It shows the contributions of the developed markets (DM) and emerging markets...
View ArticleA Bunch Of Hedge Fund Managers Have Gotten Spanked Betting On Atlantic City
Hedge fund masters of the universe Marc Lasry and Carl Ichan bet on a come back year for Atlantic City casinos this year and lost.One culprit was Hurricane Sandy. The storm did a real number on the...
View ArticleSTOCKS GO NOWHERE: Here's What You Need To Know (DIA, SPY, QQQ)
Not much news today.First the scoreboard:Dow: 13,488, +17.2, +0.1 percentS&P 500: 1,472, -0.0, -0.0 percentNASDAQ: 3,125, +3.8, +0.1 percentAnd now the top stories:The November U.S. trade deficit...
View ArticleRepublicans Want Every Senate Democrat Up For Re-Election To State Where They...
The National Republican Senatorial Committee is asking every Senate Democrat up for re-election in 2014 where he or she stands on the option of minting a trillion-dollar coin as a means of working...
View ArticleIn A Few Weeks, Everything We Currently Think About Future Deficits Could Change
Within the next few weeks, the Congressional Budget Office— which provides the hard data and projections regarding the debt and deficit — will release updated numbers, potentially upending the current...
View Article'Mint The Coin' Vs. The 14th Amendment — The Very Simple Analysis
NYT reporter Jonathan Weisman boils down Democratic leaders request to The White House:#MintTheCoin v 14th amendment. 1 way or other, Dem leaders want Obama to use "any lawful steps" available to...
View ArticleWhy A Train Filled With Biofuels Crossed The Canadian Border 24 Times And...
NOTE: This post was originally published by Zero Hedge on January 2, 2013.Wondering why rail traffic has been somewhat surprisingly consistent despite uncertainty? Concerned at government's tenticular...
View ArticleMcConnell Shreds Senate Democrats On Debt Ceiling Letter And Slams The...
Senate Minority Leader Mitch McConnell slammed Senate Democratic leaders late Friday for a letter they wrote earlier in the day to President Barack Obama on the debt ceiling.In the letter, Democrats...
View ArticleWhen Gold Is Mainstream Enough For eBay, It's Probably Time To Run
After a decade of soaring gold prices, eBay thinks now is a great time for the rest of America to jump into the market.They've partnered with precious metals dealer APMEX to build an online gold...
View ArticleAmerica, Prepare For A Century Of Drought
Corn and wheat prices surged today. The immediate reason appeared to be the year-end USDA report, that showed supplies were lower than projected.But concurrent with that report was the release of the...
View Article5 Hostess Bread Brands Will Be Saved (FLO)
(Reuters) - Flowers Foods Inc <FLO.N> on Friday said it has agreed to buy Wonder and other well-known bread brands from Hostess Brands Inc for $390 million, as part of the latter company's...
View ArticleGOLDMAN: The Stock Market Won't Be Fooled When Washington Cries Wolf
Surely, the escalating drama surrounding the debt ceiling and the sequestration will lead to panic and cause the stock market to plummet. Right?Wrong, says Goldman Sachs' David Kostin."A key...
View Article3 Things Gold Investors Should Pay Attention To This Month
After a Fed-induced rally into October 2012, precious metals lost their luster, trending lower for much of the past 3 months. This price action has been particularly frustrating for Gold bulls, as many...
View ArticleGARY SHILLING: Here Are 10 Ways To Invest In This 'Grand Disconnect'
The global investment environment continues to be dominated by deleveraging, according to famous economist Gary Shilling.He thinks we have at least another five years of deleveraging ahead of us, and...
View ArticleThe Disastrous Consequences Of Not Raising The Debt Limit
As we face another brutal fight over the federal debt ceiling at a time when the economy still remains fragile, the stock market is oddly complacent. Even if the debt ceiling crisis is resolved, the...
View ArticleJapan's Latest Stimulus Could Create 600K Jobs
This week, Japan approved a ¥10.3 trillion fiscal stimulus package. That translates to around $116 billion dollars.And that's definitely going to have a material impact on growth.Here's Societe...
View ArticlePolitical Uncertainty Is Bad News For Business Investment
Every time the rhetoric heats up in Washington, corporate decision makers stress out.According to Fidelity's latest business cycle update, when there's a lot of political uncertainty, corporations just...
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