CHART OF THE DAY: 'Total Collapse' In Greece
You think our ISM report was bad? Check out the Greek ISM, which has now come in sub-50 for 30 straight months, and which is now at a survey low of 37.7. There's something remarkable you have to...
View ArticleApple's TV Will Be 'The Biggest Thing In Consumer Electronics Since The...
Apple analyst Gene Munster was on Bloomberg Radio with Tom Keene and Ken Pruitt yesterday. He added more details about what he expects from Apple's forthcoming TV, which he (and we) expect will be...
View ArticleCheck Out These Shocking Photos Of Austerity Riots In Barcelona
All across Spain yesterday, tens of thousands of students took to the streets to protest austerity cuts to education, AP reports. In Barcelona, a smaller group pulled away and began starting fires and...
View ArticleThe Economic Case Against Obamanomics In 13 Charts
“The White House’s Economic Case for Reelection in 13 Charts” is how The Atlantic magazine’s Derek Thompson characterizes a new blog post by the U.S. Treasury Department. The post presents a baker’s...
View ArticleFord Posts Seriously Impressive Numbers For February (F)
Sales at the Ford Motor Company jumped by 14 percent year-on-year this February, driven by momentum at its namesake brand. Economists polled by Bloomberg expected sales would increase 9.4 percent. The...
View ArticleGM Surprises Everyone By Growing Sales Without Incentives (GM)
General Motors posted a 1.1 percent sales increase in February, largely defying expectations for a 5 percent decline as the company substantially lowered incentive levels. The Detroit, Mich., based...
View ArticleDallas Fed's Fisher: Banks Are 'Too Bigger To Fail'
At least one Fed governor is now on record as supporting breaking up the banks. According to Reuters, Richard Fisher, chairman of the Dallas Federal Reserve, told an audience in Mexico that the power...
View ArticleOOF! PIMCO Disagrees With PIMCO On The Greek CDS Decision
This morning, ISDA decided that the inclusion of a collective action clause and the subordination of private sector bonds to bonds held by the European Central Bank and European national central banks...
View ArticleStock Pickers Are Loving This Collapsing Market Metric
Stock pickers are loving the markets lately. Well, the good stock pickers are. 2011 was highlighted by a spike in equity correlations. In other words, most stocks would move in the same direction,...
View ArticleA Quick Guide To Europe's Deteriorating Youth Unemployment Nightmare
Tens of thousands of students were protesting spending cuts to education in Spain yesterday. One student told the AFP: "When I finish university, I see a very dark future."At 49.9 percent, Spain has...
View ArticleWhat Stagflation Really Looks Like
This chart from Nomura illustrates one of the disturbing aspects of today's ISM report. While the overall index is flagging, the prices paid index (companies' costs) is still jumping. That's a...
View ArticleINFOGRAPHIC: Everything You Need To Know About Gold
Everyone wants to know more about gold, especially considering yesterday's huge sell off. "We're seeing a lot of positive indicators on the economy," said Sunil Annapareddy of Gold Bullion...
View ArticleWhy Apple Is A 'Cheap Stock' (AAPL)
Morris Mark, president of Mark Asset Management, appeared on Bloomberg West last night to discuss Apple's huge stock run. In case you missed it, Apple is now a $500 billion company. We have the video...
View ArticleHow To Take Advantage Of Warren Buffett's #1 Investment Idea
Earlier this week, Warren Buffett suggested that the top investment right now is in housing—specifically, buying distressed houses with cheap leverage and renting them out. We wanted to talk to...
View ArticleThe Horrific Youth Unemployment Chart That Makes Everyone Cringe
Youth unemployment in the U.S. is high at 23.2 percent. This compares to the overall U.S. unemployment rate of 8.3 percent. However, this is nothing compared to the youth unemployment nightmare some...
View ArticleAPPLE'S TV DREAM REVEALED: Embarrass Hardware Makers, Stiff Content...
Over the last several months, Apple's vision for television has become clearer. Thanks to work by Wall Street analyst Gene Munster on the hardware side and the New York Post's Claire Atkinson on the...
View ArticleDownside Risks Are Far Greater Than The Upside Rewards
For some time we have maintained that the economy, following the severe 2008 credit crisis, would grow at an exceeding slow and uneven pace, and this is the way it is playing out. This is unlike the...
View ArticleThe Stock Market Is Still 33-44% Overvalued
Note from dshort: The next quarterly Flow of Funds report, on which the Q Ratio is base, will be released at noon on March 8th. I'll update this commentary later that afternoon. The data below is...
View ArticleTREASURY: Here's Everything You Need To Know About The US Economy In 13 Slides
Everyone wants to know where the U.S. economy heading. To figure that out, it helps to see where the economy stands and where it is coming from. The U.S. Treasury Department recently published this...
View ArticleCyprus' Finance Minister Claims A Mystery Asian Investor Wants To Buy $665...
NICOSIA, Cyprus (AP) — An Asian investor is interested in buying around €500 million ($665 million) worth of Cypriot bonds, Cyprus' finance minister said Friday, in a welcome development for a country...
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