Why The Obama Recovery Has Been Much More Impressive Than Reagan's
The 2012 election will revolve around the economy, and somehow Obama will have to make the case that he should be re-elected with GDP growing below historical trend, and unemployment above 8 percent....
View ArticleCALLING IN THE BIG GUNS: Merkel Will Campaign For Sarkozy
Looks like there is at least one person who would like to see French President Nicolas Sarkozy get re-elected. Unfortunately, she's not French. Angela Merkel, the German chancellor, has pledged to...
View ArticleThe Most Bullish Number From Today's Big Dallas Fed Manufacturing Report
SALES. As we keep saying, what drives hiring is sales, so what we want to see everywhere we look is increased sales, and expectations for even more increased sales. From today's Dallas Fed...
View ArticleSOURCE: Investors Will Stomach Losses Of 70% In The Newest Greek Deal
BRUSSELS (AP) — A person familiar with the negotiations to slash Greece's massive debt says private creditors participating in the deal would face an overall loss on their bondholdings of around 70...
View ArticleFINALLY: Business Insider Is Launching Its Careers Vertical!
Welcome to the latest addition to Business Insider, a vertical devoted entirely to Careers. We already cover business strategy on War Room, and now we're focusing on what YOU need to do personally to...
View ArticleFacebook Will Ruin Its $100 Billion IPO If It Doesn't Do These Two Things
Facebook is supposed to file IPO documents with the SEC this week, thereby beginning a several months long run-up to an actual offering, probably sometime in May. This filing, called an S1, might even...
View ArticleNIALL FERGUSON: Okay, I Admit It—Paul Krugman Was Right
On Friday in Davos, I interviewed Harvard professor Niall Ferguson, who has been very vocal in recent years about how the world is careening down an unsustainable path. Unless countries get control of...
View ArticleAll Of The New Energy Demand Through 2040 Will Come From Emerging Markets
ExxonMobil sees the global demand for energy rising 30 percent by 2040. However, this growth will have little to do with demand in developed markets. In OECD countries, which are generally more...
View ArticleOne More S&P 500 Vs. Baltic Dry Chart...
Yesterday we wrote about the big plunge in the Baltic Dry Index, and advised people not to worry too much since the Baltic Dry is such a lousy economic indicator. It's also a totally useless predictor...
View ArticleHow Tariffs On Chinese Solar Could Backfire And Destroy 60,000 US Jobs
The US solar industry is split down the middle over a case before the Department Of Commerce. Petitioner SolarWorld — which is backed by the Coalition for American Solar Manufacturing — wants to...
View ArticleWhy The Core Is Also To Blame For The Euro Crisis
Northern Europeans are quick to point at the South for destructive habits, overspending, tax evasion, you nam it. However, Northerners are as much of the problem as they are the solution. Germany, in...
View ArticleStarbucks Is Going To India, And Is Partnering With Massive Conglomerate Tata...
Starbucks has unveiled plans to open its first coffee shops in India by September as part of a joint venture with the Tata group, the country’s biggest business conglomerate. The first outlets, which...
View ArticleEL-ERIAN: 4 Reasons The Future Of The Global Economy Rests 'On A Knife's Edge'
The world faces a monumental but "unsettling" choice right now, writes PIMCO CEO and co-chief investment officer Mohammad El-Erian in a Foreign Policy article published today. "It can either break out...
View ArticleSTOCKS MAKE HUGE COMEBACK AND PORTUGAL IS PUSHED TO THE BRINK: Here's What...
It was a relatively quiet day for news in the U.S. This allowed traders to refocus their attentions on Europe, which continues to be a huge mess. First, the scoreboard: Dow: 12,653.7, -6.7,...
View ArticleThis Should Help End Fears That The Recovery Is Ending
From the Fed's Senior Loan Officer's Survey, signs of increasing loan demand. Meanwhile, on the consumer front, it looks like increasingly positive data, as "other consumer loans" comes back to the...
View ArticleA Look At The Capital Strength Of The 20 Largest Banks In America
As Greece flirts with default, the focus in the U.S. is shifting to the capital strength of domestic banks with plenty to lose. DealBook's Peter Eavis reports that five of the biggest U.S. banks,...
View ArticleEverything You Need To Know About The EU Summit That Just Ended With A Whimper
An informal summit of EU leaders in Brussels today ended without a bang and without much progress. Three important points from the meeting: French President Nicolas Sarkozy rejected a proposal by...
View ArticleThe ECB's Next 3-Year LTRO Is Going To Be Gigantic
Back in December, the ECB held its now famous 3-year LTRO operation, allowing banks to pledge all sorts of liquidity for cheap cash. In the end, banks pledged about 489 billion EUR. Well there's...
View ArticleDespite Its Recent Drop, The Renminbi Is Going To Continue Steadily Appreciating
From July 2005 until this past December, China’s renminbi (RMB) appreciated steadily. But then the RMB fell unexpectedly, hitting the bottom of the daily trading band set by the Peoples’ Bank of China...
View ArticleSecretary Geithner Just Gave The Complete 'Here's Where We Are And Where We...
Tim Geithner gave a speech today called 'The State of Wall Street Reform' — pretty self explanatory. He started by saying that "we are making considerable progress in a short amount of time," and then...
View Article