2008 Was A Practice Run Compared To What Comes Next
2008 was a practice run, or a warning shot across the bow, compared to what is coming over the next few years. 2008 did not demonstrate what a liquidity crunch really means, but this time we are going...
View ArticleTHE CHOICE IN NOVEMBER: Save The Economy Or Save Democracy
Well we're pleased. We've long been proponents of the idea that if you want to keep the economy afloat, you need to keep deficit spending going. And if you want to keep the deficit spending pumping,...
View ArticleHere's What Peter Schiff Does When He's Not Working
Peter Schiff is a successful money manager, best-selling author (his new book The Real Crash is out now), and eponymous host of the popular Peter Schiff Show. So, what does he do when he's not working?...
View ArticleThere Are Still Some Big Questions Regarding Reynolds American's Snuff Buyout
Reynolds American Inc.’s $3.5 billion acquisition of Conwood has put it at risk of someday having to adjust its earlier estimates of the deal’s value. The North Carolina cigarette maker announced on...
View ArticleAll Across Asia, Everyone Is Waiting For One Thing Today
At 2:30 PM Australia time, the Reserve Bank of Australia will announce its latest interest decision. With China slowing down, and thus inflicting heavy blows on the Australian economy, the question...
View ArticleWe Could Find Out About More QE THIS THURSDAY
With global economic data deteriorating significantly, the calls for a new round of quantitative easing (QE) have increased. Morgan Stanley's Vincent Reinhart, Goldman Sachs' Jan Hatzius, and Bank of...
View ArticleChinese Output Grows At Sharpest Pace In Seven Months, Composite Hits 51.9
Output in China continued to grow in May, with a key index measuring the country's economy from Markit Economics improving 50 basis points to 51.9 during the month. Click here for updates > While...
View ArticleBARCLAYS: A 1980-Style Stock Market Rally Is On The Table
Following a series of disappointing global economic data that was recently topped off by Friday's disastrous U.S. employment situation report, the new economists' consensus is that the Federal Reserve...
View ArticleTempur-Pedic Shares COLLAPSE After Company Cuts Guidance By 30% (TPX)
Shares in premium mattress manufacturer Tempur-Pedic International are more than 42 percent lower in pre-market trading after the company unexpectedly cut full-year guidance and lowered its revenue...
View ArticleCHART: Remember All That Post-Recession Productivity Growth? It's Flatlined
As the country emerged from the recession, the lone glimmer of optimism was the fact that we had apparently become vastly more productive. "U.S. productivity’s resilience is the surprise of this...
View ArticleEl-Erian Explains Why Spain Desperately Needs To Avoid The 'Roach Motel' Of...
After months of resisting external aid, Spanish budget minister Cristobal Montoro said European institutions should help shore up the nation’s lenders. In fact reports suggest that there is a plan in...
View ArticleThe Worst Housing Markets In The World
Many complain about the weakness in the U.S. housing market, and home prices climbed just 0.48 percent year-over-year in the first quarter of 2012. But countries like Ireland which had its own property...
View ArticleThe Market Just Got Draghi'd!
As ECB President Mario Draghi is speaking, the market is giving up its gains. Italy's market went from being up about 2% to less than 1%. Please follow Money Game on Twitter and Facebook.Join the...
View ArticleWhat Wall Street Analysts Are Buzzing About This Morning (SHW, GOOG, MSFT)
Good morning. Here's your daily roundup of equity research from the Street. Bank of America Merrill Lynch: Sherwin Williams (SHW): BofA downgraded Sherwin Williams shares to Underperform from Neutral,...
View ArticleRITHOLTZ: 10 Things You Need To Do When Dealing With Financial Advisors
In 2010, Howard Stern went on a rant about how the stock market was like a casino and how he was wiped out when Sirius XM shares collapsed in 2007 and 2008. But money manager Barry Ritholtz has one...
View ArticleECB President Draghi Calls Growth 'Weak' And Puts Pressure On EU Leaders To...
Despite tentative hopes from investors, the European Central Bank decided to keep rates steady at 1.00 percent in their highly anticipated monetary policy decision today. And in the press conference...
View ArticleWhat Everybody Gets Wrong About Valuing Stocks
Here's number three in our series of lessons from Aswath Damodaran's three day course on valuation for executives. Something that Aswath Damodaran reiterated frequently during his lecture is that...
View ArticleFEDMANIA: Markets Are Surging
It looks like markets survived the Draghi press conference. After wavering a little bit, stocks are higher despite the cut. The NASDAQ is up 1.2%. The Dow is up 112. The euro is near its...
View ArticleStocks Are Surging Big, And Still Facebook Is Falling
This is a big surge. Dow up 140. And still! Facebook off over 1%. Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
View ArticleMAP: Now 27 States Project Budget Surplus By The End Of The Year
In a survey done by The National Conference of State Legislatures, 27 states plus the District of Columbia are projecting that they will have budget surpluses by the end of 2012, according to Morgan...
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