Clik here to view.
Here's Why Nicolas Sarkozy Hates David Cameron So Much
Is it just us, or does French President Nicolas Sarkozy seem to really hate British Prime Minister David Cameron? First, Sarkozy told Cameron, "You have lost a good opportunity to shut up." He later...
View ArticleClik here to view.
STOCKS BOOM AFTER EUROPE SOLVES NOTHING: Here's What You Need To Know (SPY,...
Day five of Europe's hell week came with stocks recovering most of yesterday's losses. First, the scoreboard: Dow: +186.6 pts, +1.6%S&P 500: +20.8 pts, +1.7%NASDAQ: +50.5 pts, +1.9% And now, the...
View ArticleClik here to view.
Here's How Much Buyers Are Really Putting Down For A Mortgage Right Now
Ask the Realtors, the Builders, even the Housing Reporters, and they'll all tell you that the biggest impediments to housing's recovery are higher credit underwriting standards. Down payments are a...
View ArticleClik here to view.
A Few Reasons Why Friday's Rally Doesn't Feel Right
The market rallied this past week, albeit in a very volatile manner, to end the week on a positive note as the hopes of a final resolution to the Euro crisis has been reached. In reality, today's...
View ArticleClik here to view.
Forget Hours Worked, This Is The Statistic That Tells You How Hard Europe Is...
Yesterday we posted a story that showed new statistics about how average work-weeks for different European nations differed. One interesting fact from the data was that the Greeks, on paper at very...
View ArticleClik here to view.
The S&P Composite Is Still 15% To 33% Overvalued
Note: This interim update was prompted by yesterday's release of the Q3 Fed Flow of Funds data, which triggered a downward revision of the Q Ratio from high to moderate overvaluation. Here is a...
View ArticleClik here to view.
MOHAMED EL-ERIAN: Europe May Have Just Opened Pandora's Box
[This post is published with permission from CNBC.] As a New York Jets fan, I despair of all the talk about the New England Patriots. Yes they have an amazing combination in Coach Belichick and...
View ArticleClik here to view.
Only 6 Countries Have Sound Pension Systems, And America Isn't On The List
Only six national pension systems earned a 'B' grade on Mercer's 2011 global index, which was given to systems with "sound structure" and "room for improvement." The best systems are in the...
View ArticleClik here to view.
HUSSMAN: 'Wall Street Is Little More Than A Glorified Crack House'
A nice little rant from fund manager John Hussman earlier this week about the stimulus-driven market (via Mish): Frankly, I am concerned that Wall Street is becoming little more than a glorified crack...
View ArticleClik here to view.
The 10 Big Stories You Probably Missed This Week
Don't blame yourself if you missed a few key things this week. Even with one eye on CNBC and the other on your Bloomberg terminal, it's likely you'd only remember news coming out of Europe. First...
View ArticleClik here to view.
Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs
In the war of rhetoric that has developed in Washington as both sides try to blame each other for our economic mess, one argument has been repeated so often that many people now regard it as fact:...
View ArticleClik here to view.
Barron's: Here Are The Top 10 Stocks For 2012 (BRKA, MET, SNY, STX, FCX,...
Everyone's making their top stock calls and forecasts for 2012 this month. Barron's is it the latest among the bunch having just released its list of 10 Favorite Stocks for 2012. List author Andrew...
View ArticleClik here to view.
Angela Merkel Is Using The Rest Of Europe To Buffer Germany From The Coming...
German Chancellor Angela Merkel might not be the most popular person in Europethese days. The reason? Her steadfast opposition to a whole range of measures that European leaders and economic experts...
View ArticleClik here to view.
Satellite Pictures Of The Empty Chinese Cities Where Home Prices Are Crashing
The long-predicted crash has arrived with a vengeance in China's original ghost city. Click here to see satellite pictures > Home prices have plunged by one third recently, down 60% from 2006, in...
View ArticleClik here to view.
MEGAN McARDLE: Europe's Big Problem Isn't Growth
I've seen a bunch of commentators today saying that "the fundamental problem Europe needs to solve is growth, not budget deficits." In some sense this is true—enough growth would solve many of the...
View ArticleClik here to view.
Bill Gross Beefs Up His Bet On Treasuries (PTTRX)
Everyone remembers when Bill Gross started dumping Treasuries and eventually went short. And no one wants to forget that more than Bill Gross (see his mea culpa). Anyways, Bill Gross has since gone...
View ArticleClik here to view.
Here's What's Wrong With The Lipstick Index
When I first heard of the lipstick index—a term coined by Estee Lauder chairman Leonard Lauder to illustrate how purchases of small luxuries (lipstick) rise in recessions, serving as compensation for...
View ArticleClik here to view.
Moscow Rocked By Biggest Protests Since The Fall Of The USSR
If there was any doubt that significant numbers of Russians are ready to tear up the Putin-era social contract, which exchanges political freedom for relative prosperity, it was dramatically dispelled...
View ArticleClik here to view.
Due To Austerity, The Italian Catholic Church May Have To Begin Paying...
ROME (AP) — Italy's Catholic Church has shifted gears and shown a willingness to revisit its tax-exempt status amid renewed criticism that much of its vast real estate holdings isn't subject to local...
View ArticleClik here to view.