John Maynard Keynes Made A Killing In The Stock Market
According to legend, John Maynard Keynes, the founding father of deficit spending, was also an ace investor. Now, a new study from two Cambridge University professors has proved it. David Chambers and...
View ArticleNomura Is 'Especially Concerned' By One Part Of The Jobs Report
From Nomura, an interesting observation on the weak jobs report: For details, job loss in the construction industry (-7k) was most likely a continuation of the reversal of the weather-related boost to...
View ArticleEl-Erian On The Bad Jobs Number: 'THE IMPLICATIONS GO BEYOND ECONOMICS'
PIMCO CEO Mohamed El-Erian is shaken by today's disastrous jobs report. Writing on FT.com, El-Erian listed off the disappointing metrics of the report, but he warns of much worse. These...
View ArticleANOTHER MISS: Consumer Credit Grows Slower Than Expectations
UPDATE: Consumer credit increased by $8.7 billion in February to $2.522 trillion, missing economist expectations for a $12 billion gain, new data out of the Federal Reserve shows. Although that...
View ArticleThe Chart Showing Growth In The US Oil Industry Is Jaw Dropping
The incredible oil boom in North Dakota is jaw dropping. Check out this chart showing the year-over-year change of oil shipments by rail. Not only is the growth enormous, but it just keeps...
View ArticleThe World's Biggest Markets For Gold Call Off Their Strike
Jewelers and bullion traders in India's largest gold markets have suspended their strike after 21 days, reports The Economic Times. They had been protesting an import duty on gold that was revealed in...
View ArticleOne Of Our Favorite Trends In The Economy Comes To A Screeching Halt
Well, the year-over-year growth in revolving consumer credit (credit cards) finally slowed in February. It's still a pretty chart, but the slight tick down does break the nice upward glide path that...
View ArticleGoldman's Jan Hatzius Has One Word On The Economy: PAYBACK
Goldman's Jan Hatzius has a note out on Friday's jobs report miss, and it's simply titled: Payback. After weather-related boosts in December, January, and February, the economy is now paying it back...
View ArticleItaly's Disastrous Economy In Two Simple Charts
While the various PIIGS nations some common characteristics with regard to their crises, they all have unique issues. Greece's debt-to-GDP got ot be ridiculous. Spain had a huge housing bubble....
View Article12 Fascinating Insights From Wall Street's Sharpest Minds
Housing was back in focus this week as economists saw renewed signs that the bottom may have finally been touched. But against that strong sentiment was relatively middling jobs data, topped off by...
View ArticleCRAP: Suddenly This Jobs Report Deja Vu Chart Looks Even Scarier
We mentioned this chart yesterday before the big jobs report, and now it's even more ominous. In both early 2010 and 2011, we had a a few big positive numbers fairly early in the year, only to be...
View ArticleYou Have To Live In This Poverty Stricken Town To Use Sprint's Fastest...
Amid plans to revamp its service and better compete with 4G offerings from AT&T and Verizon Wireless, Sprint will begin selling new phones that can harness the carrier's fastest technologies....
View ArticleSHAKE UP: Blackberry Loses Two More Top Execs (RIMM)
TORONTO (Reuters) - Blackberry maker Research In Motion Ltd is losing two more senior executives as the money-losing company embarks on a strategic overhaul that its new chief executive says could...
View ArticleChinese Lending May Finally Rebound From The Disappointing 2012 Start
China's largest banks lent some 300 billion yuan last month, the country's official securities journal reports. The Security Times says that figure, which represents $47.5 billion, would mean that...
View ArticleBankrupt Kodak Wants To Give 300 Execs $13.5 Million In Bonuses
BUFFALO, N.Y. (AP) — Eastman Kodak Co. is seeking permission to pay about 300 executives and other employees a total of $13.5 million in bonuses to persuade them to stay with the company as it...
View ArticleMAULDIN: It's All About Jobs
Just Trying to Keep Up Participating in the Labor Force Some Good News on Employment San Francisco, Denver, Austin, Philadelphia, Washington DC, Fort Lauderdale, etc. Today's employment numbers were...
View ArticleA Complete Roundup Of A Very Bizarre Week Of Economic Data
This past week's monthly data releases were dominated by yesterday's nonfarm payrolls report, which read like a bad April fool's joke delayed by 5 days. The commentary a month ago was how there were...
View ArticleCHART OF THE DAY: The Deja Vu Chart We've Been Worried About All year
People have been worried about this chart all year: Would stocks start diving in spring just like they did in 2011 and 2010? At the moment the answer kind of seems to be yes. Here's a look at the...
View ArticleDeutsche Bank Analyst: China Has 'Landed Already'
The hottest debate out there right now is whether or not China's economy will experience a hard landing. In a research note today, Deutsche Bank Metals and Mining analyst Rob Clifford says everyone...
View ArticleGet A Headstart On Tomorrow's News With "10 Things You Need To Know Before...
Looking to get a headstart on the day's most important financial and economic stories? If so, you've probably seen the daily "10 Things You Need To Know Before The Opening Bell" posts on Business...
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