Clik here to view.
CHART OF THE DAY: By This Measure, Stocks Are Still Incredibly Cheap
Citi's Tobias Levkovich has become a bit skeptical of this rally, but overall he's still quite bullish on where stocks might head. One reason for that? The spread between the S&P 500 earnings...
View ArticleClik here to view.
Standard & Poor's Puts EFSF On Downgrade Watch—AGAIN
Standard & Poor's just placed the European Financial Stability Facility—the eurozone bailout fund—on creditwatch negative. This follows a downgrade from AAA to AA+ last month. According to the...
View ArticleClik here to view.
BIGGER THAN BASKETBALL: A Wall Street Analyst Weighs In On Jeremy Lin
Linsanity has officially made its way to Wall Street. The HSBC's Week in China memo is titled "A new Chinese hero?" and plastered with an image of the breakout basketball star dunking. However, the...
View ArticleClik here to view.
NABE: Economists Are Getting More Optimistic About The US Economy
NEW YORK (AP) — Economists are increasingly confident that some pillars of the U.S. economy will improve this year, but they still remain cautious in their expectations on the overall pace of economic...
View ArticleClik here to view.
UK Chancellor: 'The British Government Has Run Out Of Money'
In a bleak warning ahead of next month’s Budget, Chancellor George Osborne said there was little the coalition government could do to stimulate the economy. “The British Government has run out of...
View ArticleClik here to view.
JP MORGAN: First Quarter Retail Sales Are Looking Strong, Even On Tough...
US chain stores are just a few short days away from releasing their February same-store sales results. But early indications, including a number of strong early month-to-date tallies at Limited...
View ArticleClik here to view.
Why The Next Jobs Report Could Be A Total Monster
The above chart shows monthly non-farm payroll changes (in blue) vs. the 4-week moving average of initial claims inversed (in red). Dutch Book at Stone Street Advisors argues that this is a big deal...
View ArticleClik here to view.
CITI: Don't Worry About High Gas Prices, Auto Sales Will Be Great (C, F, GM)
Gas prices continue to increase in the U.S., well before driving season kicks off over Memorial Day Weekend, but economists at the nation's largest financial institutions continue to see little impact...
View ArticleClik here to view.
JAMES ALTUCHER: The Dow's Going To 20,000 In A Year
Back in the dark days of 2009, James Altucher of Formula Capital startled everyone by saying that the economy was improving and that stocks were gearing up for a monster run. Altucher stuck with his...
View ArticleClik here to view.
Guess How Many Coca-Cola Products The Average American Drinks Per Year
From a recent, Coca-Cola corporate presentation. The average human drinks 92 Coke products a year. In the US, that number is 403. The point of the chart, from a corporate strategy, was to point out...
View ArticleClik here to view.
The Biggest VIX Spike Ever Happened Five Years Ago Today
Here is a thought experiment: when was the biggest one day VIX spike ever recorded? If you said February 27, 2007 – five years ago today – then I imagine you are in the distinct minority, even among...
View ArticleClik here to view.
PIMCO: Natural Gas Is Already A Game Changer
Natural gas is a game changer for the U.S. economy according to PIMCO's Mark Kiesel (via Josh Brown). The report says: "The energy sector is growing more quickly than the overall economy in numerous...
View ArticleClik here to view.
DOW BLOWS 13,000 AGAIN: Here's What You Need To Know (DIA, SPY, QQQ, LEN,...
On the bright side. the S&P 500 inched to a new 4-year high. First, the scoreboard: Dow: 12,981.5, -1.4, -0.0%S&P 500: 1,367.6, +1.8, +0.1%NASDAQ: 2,966.1, +2.4, +0.1% And now, the top...
View ArticleClik here to view.
S&P DOWNGRADES GREECE TO 'SELECTIVE DEFAULT'
Greece is now in selective default according to S&P, which just amended its rating from CC (junk) to SD (selective default). This comes after Greece instituted retroactive collective action...
View ArticleClik here to view.
Uh-Oh... Did Gas Prices Finally Just Hit The US Consumer?
According to the ICSC-Goldman Sachs weekly retail sales report, weekly retail sales well by 1.0% for the week ending February 25th, according to MNI. Also, on a year-over-year basis, the gain of only...
View ArticleClik here to view.
GOLDMAN: Here's What The Biggest Industrial Companies Are Telling Us About...
According to a recent Business Insider study, Goldman Sachs ranked second among Wall Street's best equity research teams. Goldman's industrials and materials analysts including Steve Song, Terry...
View ArticleClik here to view.
Anytime Someone Whines About Overpopulation, Just Show Them This Chart
With the earth having recently passed 7 billion people, and oil zooming back up again, the amount of whining about overpopulation and resource scarcity has hit a fever pitch again. So next time you...
View ArticleClik here to view.
Durable Goods Orders MISS EXPECTATIONS With A Plunge Of 4%
UPDATE: Durable Goods Orders fell four percent, or $8.6 billion, to $206.1 billion in January, substantially below economist forecasts, data from the Commerce Department shows. The slump marked the...
View ArticleClik here to view.
Greek Business In Action: The Athens Bookstore And Cafe That Can't Serve...
We've already heard about the pretty ridiculous (and gross) requirements for online business owners in Greece, and heard some suggestions from a Greek entrepreneur on how the country could change....
View ArticleClik here to view.
Pre-Market Futures Instantly Fall After The Worst Durable Goods Report In 3...
There goes today's really. S&P futures had been up close to 0.5% at one point, but are now barely keeping a nostril above water. The culprit: A really dismal January durable goods orders report....
View Article