3 Things That Could Happen Now That The GOP Has Offered A 3-Month Debt...
A house aide on the GOP side explains three things that could happen now that the GOP has offered a 3-month hike on the debt ceiling.Some of the scenarios are not pretty:1. Dems decide to make their...
View ArticleKyle Bass Puts A Timeframe On His Infamous Prediction Of A Japanese Collapse
Texan hedge fund manager Kyle Bass, the founder of Hayman Capital Management, was on CNBC from the floor of the NYSE talking Japan, housing and the Fed moments ago. Bass, who if famously bearish on...
View ArticleDEUTSCHE BANK: The Deleveraging Is Almost Over
Tremendous amounts of borrowing (i.e. leveraging) juiced the economy during the credit bubble.But when that bubble burst, households retrenched their finances by cutting back on all of that debt (i.e....
View ArticleThe Disappearance Of 'The Hump' Is The Clearest Sign Yet That Markets Aren't...
One of the clearest signs yet that debt ceiling fears have faded from the market is the recent shift in the yield curve for short-term U.S. Treasury bills.At this point, it looks like the Republican...
View ArticleFINANCIAL ADVISOR INSIGHTS: Political Dysfunction Has Made Investors More...
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Washington Weighing On The Rich (Barron's)A UBS survey of 2,056 investors of...
View ArticleWe Are Now So Close To The End Of The Crisis Era...
With today's news that the GOP is looking for a face-saving way to capitulate on the debt ceiling, the US is now *this close* to exiting the age of crisis.There are still a couple of humps including,...
View ArticleSTOCKS MAKE COMEBACK AFTER DEBT CEILING FEARS FADE: Here's What You Need To...
Stocks climbed modestly to a new post-crisis high.First the scoreboard:Dow: 13,649, -53.6, +0.3 percentS&P 500: 1,485, +5.0, +0.3 percentNASDAQ: 3,134, -1.2, -0.0 percentAnd now the top...
View ArticleThe GOP's New Debt Ceiling Move Is The Smartest Thing They Could Possibly Do
Byron York at the Washington Examiner was way ahead on the House Republicans' new plan to make the debt ceiling contingent on a Senate budget resolution. As York reported Monday, the idea of tying the...
View ArticleBoeing Has Halted Dreamliner Deliveries
Boeing has halted deliveries of the 787 Dreamliner pending FAA approval, Bloomberg News reported via Twitter.As of Thursday, the plane manufacturer had not slowed slowed production of its new passenger...
View ArticleMAP: Where Each US Region Gets Its Oil Imports
Ever wondered exactly which countries your oil comes from?RBC Capital Market's oil team, led by Greg M. Pardy, recently released a map showing exactly that.Check it out. The numbers are millions of...
View ArticleThe US Is Delaying Its 'Fracking' Rule AGAIN
WASHINGTON (AP) — The Interior Department is again delaying a proposed rule that would require companies drilling for oil and natural gas on federal lands to publicly disclose chemicals used in...
View ArticleMyanmar And China Have A Conflicted Friendship
EventOn January 17th Chinese officials confirmed that, during hostilities between Myanmar's military and rebels from that country's ethnic-Kachin minority, a bomb had landed in Chinese...
View ArticleCHARTS: Job Gains And Losses Since 2007
In response to Interactive Map: Job Gains and Losses in the Recovery by Job Type (Healthcare, Education, Mining, Construction, Finance, Real Estate, etc), I exchanged Emails with Salil Mehta who has a...
View ArticleWater Could Be The World's Next Biggest Market
In Uganda, a beer brewer is paying communities to protect wetlands in a bid to secure a steady supply of water for its businesses. In neighbouring Kenya, flower companies, ranchers and hotels are...
View ArticleThe 18 Best Charts Of The Week
The world is changing, and nowhere can that be seen better than in a good series of charts.Luckily, we've seen no shortage of excellent charts this week that amply illustrate the changes underway.The...
View ArticleTrulia CEO Reveals How He's Monetizing His Mobile Audience
Trulia's stock has been underperforming since the company's IPO. CEO Pete Flint stopped by Business Insider to talk about how going public has impacted the company.He also tells us that mobile usage...
View ArticleECRI Says We're In A Recession, But They're Own Indicators Say We're Not
The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) rose in the latest public data. It is now at 130.4 versus the previous week's 128.1 (which is an downward revision from...
View ArticleBill Gross Told Goldman's Abby Cohen That Her Forecast Was 'Farcical' At...
Barron's recently held its annual Roundtable with some of the luminaries of finance. Participants included Scott Black of Delphi Management; Fred Hickey of The High-Tech Strategist; Abby Joseph Cohen...
View ArticleGermany Plans To Virtually Eliminate Fossil Fuel Use By 2050
PBS correspondent Rick Karr reports on Germany’s plan to generate nearly all of its electricity from renewable sources and virtually eliminate its use of fossil fuels by 2050.Support for this idea is...
View ArticleThe Departure Of Tom Albanese Marks The End Of The Decade That Changed Mining
Shortly after Tom Albanese (pictured) took the top job at Rio Tinto in 2007, the mining giant emerged victorious in the bidding war for Alcan, a Canadian aluminium company.No one doubted that it was a...
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