UBS: Collapsing Corporate Profit Margins Can Be Great For Stocks
Profit margins are near historic highs. Believe it or not, analysts expect margins to expand even further. Here's a chart from UBS, which we've seen before from Morgan Stanley. Stock market skeptics...
View ArticleBob Doll Explains Why 2012 Is Actually Nothing Like 2011
A lot of people have been drawing parallels between 2012 and 2011, which can be seen as a bad thing thing because stocks peaked in April then tanked in the second half of the year. BlackRock's Bob Doll...
View ArticleEveryone Is Ignoring One Troubling Statistic About Oil
Few question the prevailing wisdom that tensions with Iran have caused the recent rise in oil prices. But another possibility exists – and it’s a much greater long-term threat to economic growth. Oil...
View ArticleHigh Gas Prices And A Debt Crisis Aren't Keeping American And European...
High gas prices can't seem to stop Americans from doing anything. In a new note to clients, Bank of America's Gaming analyst Shaun Kelley writes that Las Vegas trends have been better than expected....
View ArticleThese Offshore Deposits Could Make The UK A Shale Gas Superpower
Finally, some (potentially) good news for the UK. Reuters has a nice exclusive today, revealing that industry experts now think that the UK's offshore reserves of shale gas could exceed one thousand...
View ArticleThis Huge Slide Shows Why The US Corporate Tax System Is An Unmitigated Disaster
Corporate tax reform is a hot issue that both Democrats and Republicans seem to favor. The basic idea: Lower the main rate, and get rid of loopholes. In short, get rid of the complexity and all the...
View ArticleSTOCKS EXPLODING HIGHER, DOW UP 200
UPDATE:Stocks continue to roar higher. The Dow's now up 200 points. EARLIER:Markets are surging this morning after a Spanish sovereign debt auction that wasn't a total disaster. The Dow is up 170...
View ArticleVAN HOISINGTON: Once The US Hits The Debt 'Bang Point' We're Screwed
Money management firm Van Hoisington is out with its latest Quarterly Review and Outlook. Authored by Van R. Hoisington and Lacy Hunt, the letter fires a warning about elevated government debt levels,...
View ArticleBill Gross: You Can't Trust An Auction In Spain, Or Anywhere In Europe
The Spanish Treasury auctioned €3.18 billion of 12-month and 18-month Treasury bills this morning. While borrowing costs surged at the auction, demand stayed strong. Markets rallied after the auction...
View ArticleThe Demographic Crisis Is Going To Hurt Most In Rural China
China's demographic crisis will really sting in the rural areas, according to a new book from the World Bank. Not only are the rural elderly facing more rapid aging, have less support, but they have...
View ArticleSTOCKS SURGE, APPLE GOES WILD: Here's What You Need To Know (DIA, SPY, QQQ,...
The Dow's back above 13k. The Nasdaq's above 3k. Apple back above $600. First the scoreboard: Dow: 13,114.4, +193.8, +1.5%S&P 500: 1,390.5, +21.6, +1.5%NASDAQ: 3,042.4, +54.9, +1.8% And now the...
View ArticleLIVE: Intel Beats Expectations At 53 Cents, Revenue Just Ahead (INTC)
UPDATE: This loks like a solid number for Intel. EPS of 53 cents were just ahead of estimates of 51 cents. Revenue of $12.9 billion was a hair ahead of expectations. Guidance appears to be a little bit...
View ArticleIntel Earnings Come In On Track, But The Stock Is Slipping After Hours (INTC)
Intel didn't blow out earnings this quarter like it did at the end of 2012, but it did OK. The company just reported earnings of $0.53 on revenue of $12.91 billion -- just ahead of expectations....
View ArticleJeff Gundlach Speaks On The State Of The Markets And The Economy
Our site has been redirected due to a technical problem. Click here for LIVE updates. We apologize for any inconvenience. Please follow Money Game on Twitter and Facebook.Join the conversation about...
View ArticleJeff Gundlach Speaks On The State Of The Markets And The Economy
Jeff Gundlach just wrapped a conference call and presentation. Below are our notes from the call. We'll upload the full presentation as soon as we get it. ------------------------- Gundlach is...
View ArticleLIVE: IBM EARNINGS BEAT AT $2.78, Revenue Below Forecasts (IBM)
UPDATE (4:08 p.m.): Global technology and consulting giant IBM reported better-than-expected results this afternoon, earning operating net income of $3.3 billion or $2.78 per share during the first...
View ArticleThe 15 Most Expensive Celebrity Tax Evasions
Now that the tax deadline has come and gone, you have another year before Uncle Sam takes you to the cleaners again. Filing late? Take comfort in knowing that stars don't always pay their taxes on...
View ArticleJohn Paulson Unveils A Surprising New Bet On Europe's Collapse
It was reported last night by various news outlets that star hedge fund manager John Paulson was now shorting European bonds. Okay, that's not a huge surprise. Lots of folks are betting against Europe....
View ArticleCHART OF THE DAY: The Run On Spain
Despite a successful debt auction today, many more economists agree that Spain will now need some kind of bank bailout, definitely from the government and probably from outside organizations like the...
View ArticleJeff Gundlach Reveals A New Favorite Investment Idea: 'It's Like Investing In...
Wow! On his call just now, Jeff Gundlach just unveiled his favorite investment idea: Buying up natural gas assets. This is incredibly contrarian, because it just keeps getting creamed, plunging to all...
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