SHILLER: Stocks Are Priced For (Relatively) Crappy Returns
Yale professor Robert Shiller was one of a relative handful of stock-market observers who warned that the bull market of the late 1990s was a colossal bubble in the making.Shiller's book, Irrational...
View ArticleCHART OF THE DAY: Tim Geithner's Amazing Rally
Treasury Secretary Timothy Geithner leaves office today, so it's as good a time as any to reflect on his performance.When Geithner took office, the markets were in free-fall and the Dow Jones briefly...
View ArticleNew Home Sales Fall 7.3% But Last Month's Number Revised Up (ITB, XHB)
New home sales fell 7.3 percent month-over-month to 369K.Last month's number was revised up to 398K, for 9.3 percent.December new home sales were up 8.8 percent from a year ago.The median sales prices...
View ArticleKRUGMAN: The Deficit Hawks Have Been Vanquished
Paul Krugman has the same read on the latest change in budget discussions as we do.We've noted that A) It was a bombshell that Obama didn't talk more about the deficit in his inaugural speech B) That...
View ArticleChina's Netizens Have Launched 'Operation Empty Plate' To Reduce Waste
The Sinocism newsletter is compiled by Bill Bishop, and republished here with permission. Be Informed About China. The Sinocism China Newsletter. Free.The "older house sister" is getting massive...
View ArticleHigh Oil Prices Are A Bigger Problem Than You Realize
There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out of the last 11 US recessions were...
View ArticleWhy Experts Are Praising Turkey's Gold Policy
AMID the brouhaha over Germany's gold reserves at the Bundesbank, there's another central bank using gold actively to bolster its currency and financial stability.The strategy looks the same – sitting...
View ArticleThe One Worrisome Detail In Today's New Home Sales Report
December new home sales data was just released and missed expectations falling 7.3 percent month-over-month.The most concerning detail about the report however was inventory at the end of December."The...
View ArticleAPPLE LOSES ITS SPOT AS WORLD'S MOST VALUABLE COMPANY (AAPL, XOM)
Apple lost its spot as the world's most valuable company today to Exxon.Apple's market cap is $413.06 billion versus $418.23 billion for Exxon. Apple has been the world's most valuable company since...
View ArticleShares Of Herbalife Soaring While Bill Ackman Brawls On CNBC
Here you go.While short-seller Bill Ackman is on CNBC, Herbalife is soaring.Please follow Clusterstock on Twitter and Facebook.Join the conversation about this story »
View ArticleDAVID BIANCO: Don't Fear Sequestration, The Stock Market Wants Big Spending Cuts
Deutsche Bank's David Bianco just cranked up his year-end target for the S&P 500 to 1,600 from 1,575."We are encouraged by recent legislation to sever the issue of spending cuts from the debt...
View ArticleFINANCIAL ADVISOR INSIGHTS: Advisors Are Still Bullish On Apple (AAPL)
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Advisors Continue To Be Bullish On Apple (The Wall Street Journal)Investors have...
View ArticleMarkets Are Inching Closer To All-Time Highs
Right now, stocks are just off their highs of the day, but markets have been climbing throughout most of the afternoon.The S&P 500 is trading right at 1500, up 0.4 percent on the day and about two...
View ArticleSTOCKS RALLY AGAIN: Here's What You Need To Know (DIA, SPY, QQQ)
Markets continued their epic bull run and closed at a new post-crisis high.First the scoreboard:Dow: 13,895, +70.6, +0.5 percentS&P 500: 1,502, +8.1, +0.5 percentNASDAQ: 3,149, +19.3, +0.6...
View ArticleThere Has Literally Never Been A Better Time To Buy A Home In America
You hear it all the time from ads and realtors. But this time it's actually true: there has literally never been a better time to buy a home.According to the latest data from the National Association...
View ArticleVenezuela Is Struggling With A Historic Food Shortage
Miriam Villae never knows what she'll find on the shelves of her grocery store in the Venezuela capital these days. Chances are it's not much.As the oil-rich country grapples with the highest food...
View ArticleBlackRock Buys A Stake In Twitter From Employees
As Twitter slowly prepares for a public offering, BlackRock, the money-management firm, is taking a small stake in the company by buying shares from early employees.The Financial Times reports that...
View ArticleThe Fed's Presence In The Markets Is Pretty Clear
There has been an burst of exuberance as of late as the market, after four arduous years, got back to its pre-crisis levels. Much has been attributed to the recent burst of optimism in the financial...
View ArticleA Point-By-Point Refutation Of The Treasury's List Of Tim Geithner's...
Today is the last day that Tim Geithner will be Treasury Secretary. The Treasury Department has a blog post that highlights Tim’s contributions. Coming from his co-workers, you’d expect fluff and...
View ArticleThe '1994 Moment' Is Keeping More And More Bond Traders Awake At Night
The pickup in the economic data in the U.S. lately and the Federal Reserve's recent musings on tightening monetary policy have many wondering if bond markets are set to repeat a "1994 scenario."In...
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