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Jeff Gundlach Is Going To Hold A Must-Listen Conference Call Tomorrow, And We...
Fans of Jeff Gundlach, take note. The famed bond manager will hold another one os his must-listen conference calls tomorrow. Here's the info “The Decline and Fall of the Roman Empire”Please join us...
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The Biggest Obstacle To Greece's Bailout Is Still Ahead
Markets are rallying in the wake of Greek parliamentary approval for a new round of austerity measures that would trim €325 million ($430 million) from the government's 2013 budget, reduce minimum...
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Senate Trying To Sneak The Keystone XL Pipeline Onto Obama's Desk Through An...
After last month's decision by the Obama administration to reject the 1,700-mile-route of the Keystone XL Pipeline, Republican lawmakers are trying to revive the controversial project by attaching it...
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The Rising Cost Of White Bread Around The World
There's no perfect way to compare the price goods across international borders. One of the more popular measures is the Big Mac index, which compares the price of Big Macs in different countries. The...
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Here's Why Gold Bugs Are Such Angry People That Are Constantly Freaking Out...
This morning, our editor Henry Blodget wrote a post on Warren Buffett's brilliant explanation of the absurdity of gold. The gist is this: If you had $10 trillion, you could buy a cube of all the gold...
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STOCKS REBOUND WHILE GREECE PUTS OUT FIRES: Here's What You Need To Know...
The 2012 rally still has a heartbeat. First, the scoreboard: Dow: 12,869.3, +68.8, +0.5%S&P 500: 1,352.2, +8.7, +0.6%NASDAQ: 2,930.1, +26.1, +0.9% And now, the top stories: Over the weekend, Greek...
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The Financial Stress Index Is Flashing A Caution Signal
Over the weekend I received an email from a reader discussing the economy and a series of risk indicators that he follows. Three are direct measures of financial stress while the other two are...
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ART CASHIN: The Unemployed Are Now Going On Disability And It's Costing The...
In this morning's Cashin's Comments, Art Cashin points to some disturbing research regarding the recent bump in disability benefit applications: I’m Sick Of Being Unemployed - A couple of strange and...
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This Is The #1 Sign That Consumers Are Really Starting To Feel Good
This morning's retail sales report was a bit of a pickle. On the one hand, the headline number was mediocre. On the other hand, the most notable weakness in autos, which had seemed based on other data...
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Citi Upgrades Gap Because Colorful Pants Are Back In Style (GPS)
Who needs Vogue when you can get fashion tips from Citi? The bank upgraded Gap to buy from neutral citing a hot spring assortment among other reasons: The Gap division has struggled with assortment...
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5 Lessons From The Rise Of The BRICs
In 2001, Jim O'Neill, the chairman of Goldman Sachs asset management, famously predicted the four fastest-growing emerging markets for the decade. We know that foursome by the acronym BRIC: Brazil,...
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America Is Spending Less On Debt Payments Than It Was In The '90s
This is kind of remarkable. America is currently paying less on an annual basis to finance its debt than it was paying in the '90s. And as a percentage of GDP, we're REALLY getting off cheap these...
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A Global Ad Agency Has Shut Its Greek Offices — And May Leave Media Owners...
Leo Burnett, a global ad network, has shuttered its office in Greece, drawing sharp criticism from Greek broadcaster Antenna, which claims it will cost media owners millions in payments for TV and...
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Here's How Much The National Debt Cost YOU Personally Last Year
Some fresh budget/interest rate data has been posted, so we're playing around with it. We already mentioned how the U.S. is actually spending less now on interest payments to service the debt than it...
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Eurozone Finance Ministers Won't Meet, Greece Has Not Yet Done Enough To...
Reuters reports that Eurozone finance ministers will probably not hold a planned meeting in Brussels tomorrow as the paperwork for Greece's austerity plan is still incomplete. Instead, they're...
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Video From Greece Seems To Show Police Attacking Protesters Unprovoked
A commenter directed us to this YouTube video, which appears to show Greek riot police attacking a peaceful protest without physical provocation. At about 0:50, a policeman apparently lashes out...
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S&P Revises California's Outlook From Stable To Positive
Standard & Poor's ratings agency just announced that it had revised California's outlook from stable to positive, according to Bloomberg. It affirmed the state's long-term issuer rating of A- on...
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Here's How To Exploit 'The Greatest Anomaly In Finance'
If I told you that there is an easy-to-exploit market anomaly that has enabled investors to consistently and substantially outperform the market with less risk for more than four decades, your first...
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It's Time To Clear Up A Major Misconception About Inflation
Tim Carney writes that a consequence of inflation is that it encourages people to invest their money, rather than store it in mats or cash in bank accounts. The nut of his argument is this One...
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EU Countries Are Dangling Greece Over The Abyss Of Default
Greece really just can't get a break, can it? The struggling country passed a string of harsh new austerity measures aimed at meeting the EU/ECB/IMF troika's demands for implementation of the second...
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