Richard Russell: 'GET OUT OF STOCKS'
Wow. Richard Russell's latest newsletter may his most bearish commentary yet. Russell says the greatest sucker's rally in history is coming to a brutal end. He says you should start buying gold and...
View ArticleSomeone Please Forward This Post To The French Prime Minister
French officials are pre-emptively blasting the ratings agencies on the chance that the agencies strip the French of their coveted AAA-rating in the coming days. Actually, they're doing a bank shot....
View ArticleHey, World Leaders, My Davos Calendar Is Filling Up -- So If You Want A...
It's that time of year again! Last year, the World Economic Forum was kind enough to invite me to Davos so I could tell you THE TRUTH ABOUT DAVOS -- in a series we published last year. After I wrote...
View Article2,726 CFAs Say What They Think Will Happen In The Global Economy Next Year
2,726 members of the CFA Institute—the organization responsible for awarding the Chartered Financial Analyst Designation—responded to a survey about global market sentiment for the coming year....
View ArticleThere's About To Be A Huge Surge In Foreclosures
Despite a seasonal slowdown in overall foreclosure activity, and a process still bogged down and backed up by the "robo-signing" processing scandal, the U.S real estate market is about to be hit by...
View ArticleA Deep Look At The Growing Global Marketplace For Art As An Investment
Art has traditionally been considered a niche alternative asset class, but given the sector's solid performance compared to more traditional investments in recent years, that could soon change....
View ArticleAmerica No Longer Leads This List Of The Most Developed Financial Markets
With Europe in crisis and the U.S. economy dragging, there has been a major shift in the center of the financial world. Hong Kong was named as the most developed market, the first time an Asian...
View ArticleLawmakers Say Bill To Avert A Shutdown Is Near
Democrats and Republicans are near an agreement a bill to fund the government past Friday night, and lawmakers are expressing confidence they will be able to avert a shutdown. The Associated Press...
View ArticleSTOCKS GO NOWHERE AFTER BULLISH US DATA: Here's What You Need To Know (SPY,...
Lots of economic data today, and almost all of it was pretty great. First, the scoreboard: Dow: 11,868.8, +45.3, +0.4%S&P 500: 1,215.8, +3.9, +0.3%NASDAQ: 2,541.0, +1.7, +0.1% And now, the top...
View ArticleFitch Goes On Major Bank Downgrade Rampage
Fitch just cut the viability ratings of 8 major banks. It downgraded Bank of America, Barclays, BNP Paribas, Goldman Sachs, Credit Suisse, Deutsche Bank, Societe Generale. It affirmed the viability...
View ArticleRIM Nose Dives After Another Disaster Of An Earnings Report (RIMM)
RIM just reported earnings, and it looks like another fat whiff. As of this writing, the stock is moving lower, dropping 2.25% 6.5%. RIM's revenue was lighter than expected at $5.2 billion versus...
View ArticleEnter Our Final 2011 Email Sweepstakes — With Great Hulu Prizes!
You'll have four chances to win 3 months of Hulu Plus. Any newsletter subscriber is eligible. Become one now and you'll have a chance to check out what all the cool kids are talking about. Entry...
View ArticleAdobe Beats Estimates In The Wake Of Layoffs And Strategy Change (ADBE)
Weeks after laying off 750 workers and adjusting earnings expectations down, Adobe surprised analysts with a strong quarter. The company earned $0.67 per share (non-GAAP) on $1.15 billion in sales,...
View ArticleThis Is STILL The Most Bullish Trend In The Economy Right Now
We keep saying it every week, but we have to say it again... Initial claims continue to plunge. Today they dropped to 366K, which is the best number since May 2008. Please follow Money Game on Twitter...
View ArticleHere's A Major Reason Fitch Is Taking An Axe To Bank Ratings
In conjunction with downgrading the ratings of eight major trading and global banks this afternoon, Fitch determined that banks are now less able to access financial support from the U.S. government....
View ArticleAsian Markets Are Quietly Moving Higher
Most Asian markets are up modestly after a string of positive economic data led to an up day in the U.S. stock markets. Japan's Nikkei is up 0.6%. Korea's Kospi is up 0.7%. Australia's S&P/ASX is...
View ArticleTHE LAST STAND: Republicans Throw Down In Final Iowa Debate
The seven Republican candidates tok the stage in Sioux City, Iowa Thursday night, for the 13th and final presidential debate before the Iowa caucuses next month. It's was big night for every candidate...
View ArticleSHUTDOWN AVERTED: Lawmakers Reach Spending Deal
Congressional lawmakers reached an agreement late Thursday to avoid a government shutdown this weekend, Democratic and Republican leaders will push for a final vote on the $1 trillion spending bill on...
View ArticleGuess Which Of These Crazy EU Laws Are Actually Real
After Britain's annoyed the whole of the Europe, we thought it time to look at a great British past-time: "Euro-mything". If you're a regular reader of the British tabloids, you'll know that almost...
View ArticleZynga Will Sell 100 Million Shares At $10 Per Share (Z)
Zynga priced its initial public offering at $10 per share, according to a report by Bloomberg. That means Zynga is raising $1 billion in its initial public offering, making it the largest initial...
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