Awful Retail Sales Data From Germany And France
From Markit comes from fresh retail sales data for Germany and France. We'll let the charts do the talking. GERMANY FRANCE: Please follow Money Game on Twitter and Facebook.Join the conversation about...
View ArticleGUNDLACH: This Is Probably The Most Bullish Chart There Is For Housing
From Jeff Gundlach's presentation yesterday. He said this chart of housing vs. gold is probably the most bullish chart there is for housing. Please follow Money Game on Twitter and Facebook.Join the...
View ArticleThis Chart Points To A 'Severe And Widespread' Labor Problems In China
Nomura's Zhiwei Zhang warns of a 'sever and widespread' labor shortage in China, as evidence by this chart, which shows the ratio of labor demand to labor supply. The upshot is that with the red line...
View ArticleJim Chanos' Latest Big Short Revealed
A new Jim Chanos short has been revealed in the latest edition of Grant's Interest Rate Observer. The Sidney Morning Herald reports... In a presentation this month to Grant's Spring Conference, a...
View ArticleToday's Huge Number...
Just a quick reminder: Today's huge number is Q1 GDP, which is coming out at 8:30 AM ET. Generally projections have been ticking up for it, in part thanks to inventory boosts which may not last. Here's...
View ArticleJim O'Neill Identifies The Dominant Economic Theme Of Our Generation
Jim O'Neill, Chairman of Goldman Sachs Asset Management, is the economist behind the BRIC acronym. Business Insider spoke with O'Neill about the BRICs, which he considers to be the "dominant structural...
View ArticleDEUTSCHE BANK: We Won't Be Surprised If Q1 GDP Beats Our Expectations
We got an interesting research note yesterday from Deutsche Bank's already bullish economics team. From Chief U.S. Economist Joe Lavorgna: We estimate that the economy expanded by +2.8% in Q1, but...
View ArticleAfter Weeks Of Getting Crushed By Investors, Zynga Now Has Reason For Hope...
Finally some good news for Zynga. After better than expected earnings last night the company is getting an upgrade from Doug Anmuth at JP Morgan. He's labeling it "overweight" (which we think means...
View ArticleChesapeake Finally Ends Absurd Conflict In Which CEO Invests Personally In...
Chesapeake Energy says that it is ending a program that allowed CEO Aubrey McClendon to take personal stakes in the wells it drills as part of his compensation package. Its board will also review...
View ArticleSpain's Terrible, Horrible, No Good, Very Bad Year
Hopefully you're familiar with the popular children's book: Alexander and the Terrible, Horrible, No Good, Very Bad Day. That's all we can think of when we look at Spanish economic data right now....
View ArticleFord BEATS Earnings Expectations, Revenue Comes In Line, Sees Over 14.5...
Auto giant Ford just announced first quarter financial results. EPS came in at $0.39. Analysts were looking for $0.35. Revenue came in at $32.4 billion. Analysts were looking for $32 billion. Click...
View Article10 Things You Need To Know This Morning (F, PG, AMZN, MRK)
Good morning. Here's what you need to know. Markets in Asia largely sold-off overnight, with Hong Kong's Hang Seng off 0.3 percent. Trading in Europe is solidly higher, and U.S. futures point to a...
View ArticleCITI: In A Parallel Universe Where Paul Krugman Is Fed Chairman...
What would Krugman do? Federal Reserve Chairman Ben Bernanke's most convincing critics are not arguing with the Fed's ultra-low interest rates, which have kept interest rates and bond yields at record...
View ArticleLook How Cheap Things Are In America Compared To Other Certain Countries
Deutsche Bank's Global Markets Research Team recently published a report that compares the prices of American goods and services to prices around the world. Generally speaking, developing countries...
View ArticleA Quick Guide To Today's Big GDP Announcement
We'll get our first look at first quarter GDP growth today. 85 analysts polled by Bloomberg are expecting that growth will sink from 3 percent in the fourth quarter of 2011 to 2.5 percent in Q1, but...
View ArticleUS GDP MISSES EXPECTATIONS—GROWS 2.2%
It's out, and it's a miss on the headline number. Here are the key figures from the BEA: GDP Q/Q Growth: 2.2% versus 2.5% growth expected (annualized) Personal Consumption: 2.9% versus 2.3% growth...
View ArticleActually, GDP Just BEAT In All The Right Places
Headline Q1 GDP just came in at a disappointing 2.2 percent, missing analyst expectations. But a deeper look into the numbers reveals a major point. Federal government spending declined once again at...
View ArticleUS Futures Flatten On GDP Miss
Q1 GDP is out and it was a miss. GDP slowed to 2.2 percent from 3.0 percent in Q4. Economists were looking for 2.5 percent. Futures are moving ever so slightly. Dow futures are currently flat and...
View ArticleA Complete Breakdown Of US GDP Growth In One Simple Chart
The first reading on Q1 GDP just came out and the headline number was a miss. Growth decelerated to a pace of just 2.2 percent from 3.0 percent in Q4. Economists were looking for a 2.5 percent....
View ArticleNATURAL GAS: A Stock Investor's Guide To The Most Controversial Commodity In...
Natural gas has been the most beat up commodity in the world. Professor Mark Perry of the Carpe Diem blog recently noted that adjusted for inflation, the commodity was priced at multi-decade lows....
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