Actually, Anytime Someone Tells You Not To Worry About Population Growth,...
Our optimistic editor Joe Weisenthal just posted a chart that is supposed to calm anyone worried about global overpopulation. Modern science has made agriculture so efficient, Joe points out, that...
View ArticleThere's Something Fishy About Today's Durable Goods Report Disaster...
The morning's rally has collapsed after a disastrous Durable Goods report. The monthly decline was the worst in 3 years. But there's a few things to note: The first is that Durable Goods is famously...
View ArticleHOUSE PRICES FALL WORSE THAN EXPECTED, DOWN 4% FOR 2011
ORIGINAL POST: The granddady of housing data: Case-Shiller housing comes out at 0. Analysts expect to see a 0.35% monthly decline in home prices. On a year over year basis, the decline for December is...
View ArticleWOW: Hollande, Likely To Be Next French President, Proposes 75% Tax Rate On...
Francois Hollande, the French presidential candidate for the Socialist Party, appears to have set out his tax plans in a prime time interview on French TV, the BBC reports: "Above 1m euros [£847,000;...
View ArticleREPORT: European Banks Would Need 4 More LTROs To Get Through 2013
Widely believed to have averted a full-scale banking crisis in Europe, the European Central Bank's three-year long term refinancing operation has given a boost to markets jittery over the prospect of...
View ArticlePOP QUIZ: Guess The Only Housing Market In America That Gained Value In 2011
Think Washington DC is the star housing market for 2011? Nope. In the final Case-Shiller reading for the year, it ended up that Detroit was the only housing market that gained value in 2011. Please...
View ArticleCramer: Apple Doesn't Need To Pay A Dividend
This post originally appeared at The Street. There's way too much chatter about what Apple (AAPL) has to do with its cash position and not enough about Apple's earnings. And I don't even want to go...
View ArticleCHART OF THE DAY: The Housing Triple Dip
A little more perspective on that bummer of a Case-Shiller report. Housing has now done what could arguably be called a triple dip. Since housing really began to tank, there have been two notable...
View ArticleThe 10 Most Expensive Cities In America For Renters
This post originally appeared at CNBC. Many factors can make a housing rental market difficult to negotiate, such as tight supply and fierce competition for the most desirable properties. But chief...
View ArticleVladimir Putin Has Kindly Offered To Save Europe
In one of his now numerous articles published before this weekend's upcoming election, Russian Prime Minister (and future President) Vladimir Putin has offered an olive branch to Europe and called for...
View ArticleWOW: Consumer Confidence SMASHES Expectations At 70.8
U.S. consumer confidence in February surged to 70.8. Economists were expecting the measure to rise to just 63.0 from January's reading of 61.1. "Consumers are considerably less pessimistic about...
View ArticleRICHMOND FED: MANUFACTURING CRUSHES EXPECTATIONS
UPDATE: Manufacturing activity in the fifth federal district surged higher, data from the Federal Reserve Bank of Richmond shows. The key index advanced to 20, eight points higher than a January...
View ArticleIRELAND WILL HOLD REFERENDUM ON EU FISCAL COMPACT
Bloomberg and thejournal.ie are reporting that Ireland will have a referendum to ratify the European fiscal compact, according to Irish Prime Minister Enda Kenny. That's the newest hurdle ahead for EU...
View ArticleAn Awesome Sign That The Job Market Is Still Getting Better
From the latest consumer confidence survey: Consumers’ assessment of current conditions was more favorable in February. Those claiming business conditions are “good” increased slightly to 13.3 percent...
View ArticleGold Instantly Spikes Lower Thanks To Bernanke
Bernanke's speech is out, and there's not much new in it, but it seems like perhaps people were looking for more hints of QE. And Bernanke offered no such hints. So the dollar is on fire against the...
View ArticleNAPM-Milwaukee: Economic Activity Increased Less Than Expected
UPDATE: A key index measuring economic activity in the Milwaukee, Wisc., region showed improvement in February, although it increased less than forecast. The Institute For Supply Management -...
View ArticleTHE MARKET HAS ONLY BEEN RALLYING BECAUSE OF THE FED PUMPING LIQUIDITY...
The market is purely being driven by liquidity and pumping from the world's central banks*. *Except for a few things, such as... Initial jobless claims that keep grinding lower. Chicago-era hiring...
View ArticleNASCAR: An Almost Perfect Analogy For Explaining The Fed Funds Rate
Monetary policy is a complex topic. But, it's important and it affects everyone. LPL Financial's Jeff Kleintop offers an extremely approachable analogy to explain monetary policy in his latest Weekly...
View ArticleDespite Being Repeated Over And Over, Greater Market Efficiency Is Not Always...
This story originally appeared at Project Syndicate. The United States is widely recognized as possessing the deepest, most liquid, and most efficient capital markets in the world. America’s...
View ArticleGold And Silver Are Getting Smashed Today
Ironically, right as Ron Paul was whaling on Bernanke about gold and silver, gold and silver... were getting destroyed. Here's gold: And here's Silver: Please follow Money Game on Twitter and...
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