These 16 Overseas Stock Markets Got Destroyed In 2011
2011 was not an easy year to stomach for global investors. Over 80% of markets remain in negative territory year-to-date, and some have ratcheted up declines of 40% or greater. We calculated returns...
View ArticleBrand New Datapoints On The Chinese Real Estate Downturn
I’m working on the promised next installment of data points on the Chinese economy as it enters 2012, but in the meantime, I wanted to quickly share a couple of interesting new property-related data...
View ArticleCHART OF THE DAY: 2011's Great News For Government Spending
Republicans were swept into office in 2010 with a mandate to eliminate "out of control" spending in Washington DC. And of course the deficit is a salient political issue. But as we learned in the debt...
View ArticleENDING SOON: 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 ArticleJP MORGAN: Thanks Congress, Now Here's Our Huge Upward Revision To 2012 GDP...
So, Congress finally approved a two-month extension of the payroll tax cut and unemployment benefits, in a drawn out process that Politco's Ben White described as a "dazzling display of legislative...
View ArticleFacebook's Stock Has Gone Flat On The Private Markets
Shares of Facebook have gone totally flat in the private market of SharesPost. SharesPost said today it completed an auction of 150,000 shares at $32.00 per share, giving it an implied valuation of...
View ArticleThe 7 Most Illuminating Economic Charts Of 2011
My Magnificent Seven. Some bust myths. Others highlight a reality the media is ignoring. Enjoy! 1. The overly optimistic unemployment forecast of the Obama White House. This may be the most infamous...
View ArticleSTOCKS RALLY AGAIN, SANTA CLAUS RALLY IS ALIVE: Here's What You Need To Know...
Low trading volume and not much news. We'll make this quick so you can get back to your long weekend. First, the scoreboard: Dow: 12,294.0, +124.4, +1.0%S&P 500: 1,265.3, +11.3, +0.9%NASDAQ:...
View ArticleThis Footnote To The ECB's LTRO Announcement Will Make You Squirm
Peter Tchir blasted the following out this pre-holiday morning. He is clearly concerned that there’s a hole in the ECB’s phantom bailout bucket. I see his point and encourage further investigation...
View ArticleChina Just Swapped $1.6 Billion Worth Of Yuan With Pakistan
BEIJING (AP) — China has announced a currency swap with Pakistan in the latest step to gradually expand use of the tightly controlled Chinese currency abroad. The Chinese central bank said Saturday it...
View ArticleThe 10 Big Stories You Missed While Thinking About Vacation This Week (T, NYX)
Don't blame yourself if you missed a few key things this week. Even with one eye on CNBC and the other on your Bloomberg terminal, it's likely you lost interest heading into the holidays. Attention...
View ArticleThe Ultimate Bull Vs. Bear Debate: Christmas Eve Edition
Bull ++ U.S. data continues to show an economy that’s weathering a turbulent global economy much better than the bears could have ever anticipated: The Dow Theory has flagged a buy signal. Both the...
View Article1.8% Growth Could Be Closer To Recession Than You Think
"... let me just provide you with a quick reminder that the first estimate of GDP released by the Bureau of Economic Analysis is tied closely to the consensus estimate of economists as there is...
View ArticleFINALLY, SOME EXCELLENT INVESTMENT ADVICE: Don't Play The Losers' Game
If you're an individual with some money to invest, the first thing you need to know if you want to invest intelligently is that you shouldn't play the Losers' Game. What's the Losers' Game? The game...
View ArticleYour Three Investing Opponents
It’s Christmas Eve and that time of year when we start thinking about what we did in the past year and what we want to do in the next. Why do we make the mistakes we make (over and over and over?) and...
View ArticleAFTER CHRISTMAS: Here's What's Coming In The Week Ahead
Earlier: • Summary for Week ending Dec 23rd Happy Holidays! This will be a light week for U.S. economic data. The Case-Shiller house price index will be released on Tuesday. Also the December Chicago...
View Article10 Outrageous Predictions For 2012
Every December Saxo Bank puts out ten outrageous predictions for the coming year, in order to draw attention to outlier risks. Some of Saxo's 2011 black swans came true, including the US 30-year...
View ArticleThis Monster From The Deep Could Change Everything For Norwegian Oil
[This post by Euan Mearns was published at The Oil Drum.] With relatively little fanfare on the international stage, Lundin Petroleum and Statoil (and partners) have just recently jointly discovered...
View ArticleAre Sport Utility Vehicles A Dying Breed?
Sport utility vehicles, one of the core drivers of the new vehicle industry in the 1990s and seemingly ubiquitous on the American road at that time, are on the verge of making the "Endangered Species"...
View ArticleThe 5 Biggest Economic Myths Of 2011
A lot of people think they are a financial expert just because they read the Wall Street Journal or peruse Yahoo! Finance. Financial misinformation gets circulated around the Internet and repeated ad...
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