Freakish Surge In Social Security Payments Screams Recession
Here's a chart we just made based on Friday's personal income & spending report. What it shows is: The year-over-year change in Social Security Income as a share of total personal income. Not...
View ArticleA Return To The Four Totally Bad Bears
Note: At the request of Greg Patterson of The Advisory Group in San Francisco, I periodically refresh this snapshot of our totally bad bear quartet. This update is current through the market close on...
View Article'Boomerang' By Michael Lewis Makes One Thing Clear About The Greek Crisis
I’m halfway through Boomerang: Travels in the New Third World as a book on tape. It is far more entertaining and enlightening than I’d thought and it sheds a clear light on a lot of supposedly complex...
View ArticleThe King Of Spain Makes His First Major Trip Since The Elephant Hunting Scandal
MADRID (AP) — Spain's king will fly to South America on Sunday for his first major trip since falling and breaking a hip on an elephant hunt seven weeks ago. King Juan Carlos will arrive in Brazil and...
View ArticleGoogle Has A Magic Money Making Machine (GOOG, FB)
Here's one thing that's clearer than ever after Facebook's IPO mess: Google has a magic money making machine, and it's possible no other internet company will ever have the same sort of (relatively)...
View ArticleMARK DOW: Trust Me, The IMF Is Making Preparations For Spain
Mark Dow is a hedge fund manager and a former IMFer, who now has must-read blog. Given his IMF experience, and the growing talk of whether Spain will need help in some way, his recent post IMF and...
View ArticleIraq Is Starting To Produce Oil Like Crazy
The New York Times' Tim Arango and Clifford Krauss team up this morning to report on Iraq's surging crude oil production and the dampening effect it should have on markets — and gas prices. Calling...
View Article...And Now The Central Banks Tank Center Stage
Greece is now in a two-week polling blackout. And we just got digested an insane volume of economic data this past week, which means we're going to head into something of a data lull. The economic...
View ArticleUPDATE: Final Hour Of The Market Turning Bad Again
UPDATE: Things getting sour again. Dow off 34. As Bespoke just put it... 'Yet another "so much for that rally" day' ORIGINAL POST: Kind of a quiet day, but the market is rolling over going into the...
View ArticleThe 15 Stocks That People Are Shorting Like Crazy (OSG, ONE, USNA, INVN, SAM,...
Based on "short interest" you can find out which stocks investors are most bearish on, and betting are most likely to do down. When last we checked in on the 15 stocks the market currently loves to...
View ArticleThreat Of Economic Collapse Remains As Long As US Doesn't Address Structural...
In the second quarters of three successive calendar years—2010, 2011 and 2012—improvements in the U.S. economy that generated hopes for economic rebirth were dashed by what seemed to have been economic...
View ArticleUS MARKETS GO NOWHERE AND SPAIN SURGES: Here's What You Need To Know (CHK,...
U.S. markets did little after a day of dismal data, and both Spanish equities and the euro surged. Dow: 12,101; -17 pts; -0.14%NASDAQ: 2,760; +13 pts; +0.46%S&P 500: 1,278; +0 pts; +0.01% Here are...
View ArticleMYSTERY: That Amazing George Soros Lecture Goes Missing From His Website
Huh. That amazing Soros speech we've been talking about has gone missing. We assume it's nothing, but it is weird. Please follow Clusterstock on Twitter and Facebook.Join the conversation about this...
View ArticleGARY SHILLING: Here's Why You Still Need To Be Worried About Japan
Japan's Topix entered bear market territory primarily on concerns about the dismal U.S. jobs report, Europe's debt crisis and China's deepening slowdown. But Gary Shilling, president of A. Gary...
View ArticleJapanese Manufacturers Are Reversing Everything That Made The Country An...
In a darkened industrial hangar in eastern Osaka, Yoshihiro Yamanaka is tearing up the rule book that once made Japanese manufacturing the feared global standard of efficiency. At Fuji Spring, a...
View ArticleIT'S OFFICIAL: Gas Prices Have Tanked
Average U.S. gas prices declined $0.17 cents from a year ago to $3.61, according to the Energy Information Administration's weekly fuel update release, as falling oil prices make their way to the pump....
View ArticleFULL TEXT: Here's The Already Famous George Soros Speech That's Been Taken...
As we reported earlier, George Soros's now-famous speech on the European economic crisis has been taken down for some reason. The good thing is, we had a full copy in our email, which we're posting...
View ArticleStarbucks Is Buying This San Francisco Bakery For $100 Million (SBUX)
Starbucks is laying down $100 million to buy San Francisco bakery chain La Boulange owner Bay Bread Group reports Lisa Baertlein at Reuters. Food has always been a problem for the world's biggest...
View ArticlePrivate Equity Firms Are Bankrolling Start-Ups That Rip Off Twitter And...
Some venture capitalists call it "geo-arbitrage"; others know it as "tropicalisation". The term refers to the practice of backing start-ups that take an established business model and adapt it to an...
View ArticleHere Are The Key Market Moving Events For Tuesday, June 5 (ULTA, MFRM)
Tuesday economic announcements heat up from a relatively slow Monday, boosted by key readings of service PMIs. Here's what you need to know. Australia starts things off at 7:30 p.m. on Monday evening...
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