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The Economy Almost Always Does Worse During A President's Second Term
The economic performance of American presidents tends to deteriorate during their second termTHE economic auguries for Barack Obama’s second term are not good. By comparing the changes across eight...
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Obama's Speech Today Was A Devastating Blow To Deficit Hawks
Obama used his second Inaugural Address today to spell out his big ideas for his second term.He hit on some big liberal ideas: Gay rights, gun control, climate change, and immigration.The real...
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5 Major Global Risks That The Elites At Davos Should Be Afraid Of
Business, government, and entertainment elites are meeting in Davos this week.And there are numerous geo-political risks to be wary of in 2013, according to the Eurasia Group.In a new report titled The...
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A Frustrating Trend In The Stock Market Continues To Break The Bears' Hearts
Stock prices are going up as earnings expectations are going down. And earnings expectations are arguably the most important drivers of stocks. In technical terms, strategists will call this multiples...
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The Market Is Seriously Unimpressed With Verizon's iPhone Sales (VZ, AAPL)
This morning we got some hard data on the state of the iPhone business, courtesy of Verizon.And that data was good! Verizonreported 6.2 million iPhones activated over the holiday quarter. That's strong...
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5 Reasons Why The Case Against California's Housing Rebound Is Ludicrous
Despite our best efforts to explain otherwise, some bears still believe California's housing rebound is a mirage.John Burns, a Southern California-based real estate guru, says anyone still holding onto...
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DAVID BIANCO: 'Significant Sequestration Is Good For Stocks'
One of the big unresolved issues of the fiscal cliff is the sequester, or the massive spending programs that were supposed to expire automatically at the end of the 2012.America's defense contractors...
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Richard Koo Answers The Most Critical Question About The Western Economies:...
In his latest research note, Nomura Chief Economist Richard Koo– who pioneered the concept of "balance-sheet recession" – says he feels the need to respond to those who are saying that the age of...
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FINANCIAL ADVISOR INSIGHTS: Gary Shilling Recommends One Asset Class For...
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Gary Shilling: Cash Is A Good Bet For The Conservative Investor (The Globe And...
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STOCKS CLIMB AGAIN: Here's What You Need To Know (DIA, SPY, QQQ)
Stocks barely budged. But they continue to sit at their highest level in years.First the scoreboard:Dow: 13,712, +62.5, +0.4 percentS&P 500: 1,492, +6.5, +0.4 percentNASDAQ: 3,143, +8.4, +0.2...
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IBM Beats Earnings And Sales Estimates, Issues Robust 2013 Guidance (IBM)
UPDATE: IBM's Q4 2012 earnings report is out.Click here to refresh for LIVE updates >The company reported earnings of $5.39 per share versus estimates of $5.25.The company also beat expectations on...
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Google Beats Expectations With Solid Q4 Earnings (GOOG)
Google just post its Q4 financials.• Revenue: $14.42 billion vs. $12.36 billion• Non-GAAP EPS: $10.65 vs. $10.52.• CPC was down 6% year over year, but up 2% q/q, arresting what had been a quarterly...
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Rail Giants CSX And Norfolk Southern Both Beat Expectations (CSX, NSC)
Rail giant CSX announced Q4 earnings of $0.43 per share, which is higher than the $0.39 per share expected.Norfolk Southern also announced earnings better than expected. Earnings came in at $1.30 per...
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ALERT: The Infamous Paul Tudor Jones 'Trader' Documentary Is Online Again
Months ago, the infamous Paul Tudor Jones 'Trader' documentary resurfaced, only to disappear back into the depths internet again.So if you missed it then, grab it now from dailymotion before it's too...
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The Bulls Got A Bunch Of New Reasons To Be Excited Tonight (GOOG, IBM, CSX,...
We've been talking about how suddenly everyone is getting crazy bullish, in part because nobody can come up with anything to be worried about.Tonight is only going to exacerbate that.Just tonight, we...
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Trulia CEO: 'We're Seeing Accelerating Growth In The Housing Market' (TRLA)
Trulia CEO recently stopped by Business Insider and gave us his housing outlook for 2013. He also told us about his company's recently-launched mortgage center.Trulia has set up relationships with big...
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11 Members Of Eurozone Agree To Implement The ‘Robin Hood Tax’
Eleven members of the Eurozone have finally agreed to adopt a financial transaction tax often referred to as a ‘Robin Hood tax’ first discussed in September 2011.The tax will apply at the rate of 0.1...
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The Media Is Misreporting The Housing Turnaround Story
Imagine that your financial advisor called you up one day and said:"Great news...your investment portfolio gained 1% in January which is an annualized return of 12%. However, we have to subtract .05%...
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30 Years Ago, The Qatari Capital Doha Looked Completely Different
We recently took you on a tour of pre-gangbusters Macau.Today, we're going to visit Doha from back in the day. With his permission, we've put together some amazing snapshots taken by a fellow who...
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The Idea That Innovation No Longer Drives Growth Is Becoming Very Popular
The idea that innovation and new technology have stopped driving growth is getting increasing attention. But it is not well foundedBOOM times are back in Silicon Valley. Office parks along Highway 101...
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