Here Are The Industries Where Jobs Give Birth To Many More Jobs
It's something frequently touted by politicians: investing in a given sector creates jobs not just in the industry itself, but in the businesses that serve it. Now we know which sectors produce the...
View ArticleThese 15 Companies Are Leading The American Manufacturing Renaissance
ISI has issued a comprehensive report called Investing in the U.S. Manufacturing Renaissance Among other things, it cites 48 instances of U.S. companies or industries expanding or bringing back...
View ArticlePublic Schools Are The Next Big Thing For Private Equity And Venture Capital
The investors gathered in a tony private club in Manhattan were eager to hear about the next big thing, and education consultant Rob Lytle was happy to oblige. Think about the upcoming rollout of new...
View ArticleThe Global Economic 'Canary In The Coalmine' Is Gasping For Air
South Korean exports is widely recognized as the most reliable leading global economic indicator. It's a favorite of Jim O'Neill. Goldman Sachs and UBS both literally refer to it as a "canary in the...
View ArticleArgentina Finally Closes The Books On One Of The Worst Economic Disasters In...
BUENOS AIRES, Argentina (AP) — Bond payoffs are supposed to be boring, but Argentina's president is celebrating Friday's final $2.3 billion payment on a bond given to people whose savings were...
View ArticleEverything You Missed Last Month In In 2 Slides
This is from Morgan Stanley's Global Cross-Asset Strategy team led by Greg Peters. The first slide sums up the financial markets. The second slide sums up the global economy. Please follow Money Game...
View ArticleGoldman Sachs Has 5 Reasons To Be More Optimistic About The US Economy
The most recent US data has been somewhat mixed. Not good enough to instill confidence in the recovery, but not quite bad enough to push the Fed into action. The optimism of the first part of this year...
View ArticleMarkets In Asia Are Going Down
Markets are selling off early in the Asian trading session. Japan's Nikkei is down 1.3%. Korea's Kospi is down 1.1%. Australia's S&P/ASX is down 1.1%. The whole world was expecting the European...
View ArticleCome On, Bill Gross! Please Stop Insulting People And Fix Your Mistake!
Earlier this week, the legendary bond investor Bill Gross made some startling observations about the stock market. In doing so, he made several smart points. He also made a fundamental mistake that...
View ArticleAnalyst Presents A Terrifying Vision: THE DECLINE OF THE WEST
Analysts across the world view the rise of China and the work ethic of developing nations as serious threats to the United States' Â and Europe's economic dominance. Banking crises, failing educational...
View ArticleSTOCKS SURGE AFTER AWESOME NEWS: Here's What You Need To Know (DIA, SPY, QQQ,...
A crucial week of economic data ended on a high note. First the scoreboard: Dow: 13,096, +217.2, +1.6%S&P 500: 1,390, +25.9, +1.9%NASDAQ: 2,967, +58.1, +2.0% And now the top stories: U.S. companies...
View ArticleBerkshire Hathaway Beats Earnings Estimates By $476 A Share (BRK, A, BRK, B)
Warren Buffett's Berkshire Hathaway handily beat second quarter earnings estimates, even as net income fell 9 percent to $3.11 billion. The conglomerate recorded operating earnings of $2,252 per share,...
View ArticleWarren Buffett Lost $1.1 Billion On His Financial Weapons Of Mass Destruction...
Berkshire Hathaway's Q2 earnings are out, and it looks like they beat Wall Street's consensus estimates. One nugget we're always interested in is the value of his long-term derivative bets on the...
View ArticlePeople With A College Degree Got Hosed In The Job Market This Week
It's true that college graduates have a much lower unemployment rate than those without degrees, but... yikes, ugly chart here. This is from Nomura, which looked at the Household Survey to show that...
View ArticleMitt Romney Must Be Losing Sleep Over These 7 Charts
According to New York Times forecasting guru Nate Silver, it was a good week for Barack Obama. Not only did he do well in several national and swing-state polls, the economic aspects of Silver's also...
View ArticleJim O'Neill To India: 'What Is The Matter With You Guys?'
Earlier this week when India was reporting blackouts affecting half of the population, we reached out to Jim O'Neill, the economist who coined the acronym BRIC (Brazil, Russia, India, and China)....
View ArticleHere's All This Week's Surprisingly Good Economic Data
Most data this week painted a surprisingly stronger labor market picture in the U.S. than most economists had expected. Nonetheless, that clashed with a number of indicators that were flashing weak...
View ArticleMAULDIN: We've Had A Good Few Years, But It's Now Time To Prepare For A Huge...
A few weeks ago, Ed Easterling and I updated the work we published almost ten years ago about secular bear and bull markets. This week I am in Maine at the annual Shadow Fed fishing trip (for those of...
View ArticleREPORT: The ECB Is Extending Emergency Loans To Greece
BERLIN (Reuters) - The European Central Bank (ECB) has saved Greece from bankruptcy for the time being by securing it interim financing in the form of additional emergency loans from the Bank of...
View Article13 Awesome Insights From Wall Street's Sharpest Minds
Markets had a lot of data to digest this week as global manufacturing figures and July's Non Farm Payrolls report hit. Monetary policy meetings by both the European Central Bank and Federal Reserve...
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