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IT'S OFFICIAL! MITT ROMNEY PICKS PAUL RYAN FOR VICE PRESIDENT

Mitt Romney's presidential campaign officially announced this morning that the candidate has selected Wisconsin Congressman Paul Ryan as his running mate, ending months of speculation about who Romney...

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11 Awesome Insights From Wall Street's Sharpest Minds

There wasn't much major economic data this week out of the U.S. this week.  However, data out of China continued to worry investors about a hard landing in the world's second largest economy....

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Here's Paul Ryan's Plan To Save America

Mitt Romney's VP pick Paul Ryan published a huge plan to save America earlier this year. Called the "Path To Prosperity," it is a proposed budget for the federal government that includes massive tax...

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Only One Of The Four Official Recession Indicators Is Contracting

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) rose slightly to 122.5 from last week's 122.1 (a tiny revision from the previously reported 122.2). See the WLI chart...

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The Clock Is Ticking For Spain

Imagine struggling to keep a control of your debts, with the costs and interest rates going up and up until you can barely meet the monthly installments. How long do you hold on, scrimping and saving,...

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I Admire Paul Ryan For Having The Balls To Do What No Other Lame-O...

Mitt Romney just picked Congressman Paul Ryan to be his VP candidate. Some observers are saying that, by picking Ryan, Romney played right into Obama's hands, on account of Ryan's having put forth a...

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Mitt Romney Just Picked The Al Gore Of The Republican Party

Conservatives are over the moon over Mitt Romney's selection of Wisconsin Representative Paul Ryan to be his running mate. Said one DC insider to Business Insider via IM: "This is literally my wildest...

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Growth In Rail Traffic Continues To Expand

I’ve long been in the controversial “no recession” camp in the USA and among the many indicators that have stood out during this call was rail traffic.  It has continually pointed to positive growth in...

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25 Cutting Edge Firms Funded By The CIA

It's no secret the Central Intelligence Agency has an investment firm that funds startups that could have a big impact for the Agency.  If there is a company out there doing intelligence research, it's...

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3 Budget Charts That Paul Ryan Won't Show You...

So by now you've certainly seen this chart from Paul Ryan, showing what will happen to the national debt if current policy is left in place vs. what will happen under his roadmap. Take the "current...

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Goldman's Entire Outlook For The Economy And Markets In One Huge Slide

Here's a slide from Goldman Sachs' latest US Weekly Kickstart. Please follow Money Game on Twitter and Facebook.Join the conversation about this story »

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Mitt Romney STILL Won't Take A Stand On Paul Ryan's Budget

It's only been a few hours since Mitt Romney announced House Budget Chair Paul Ryan as his running mate, but the Republican presidential candidate is already distancing himself from Ryan's signature...

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EUROPE: Forget Plan A, And Plan B — There Is A Plan C

They say that breaking up is hard to do. Now I know, I know that it's true Don't say that this is the end. Instead of breaking up I wish that we were making up again. – Neil Sedaka, 1962 I have...

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For The First Time In 20 Years, Companies That Aren't International Are Doing...

One of the key distinctions between U.S. stocks and the U.S. economy is exposure to overseas economies. Indeed, stock market strategists have pointed out for years that the stock market's exposure to...

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Here Are 7 Housing Markets Where It Makes Way More Sense To Buy Than Rent

A recent study by Fannie Mae showed that 85 percent of Americans think owning a home makes more sense in the long-term than renting. Zillow has come out with a new metric called the breakeven horizon...

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Treasuries Are On Their Longest Losing Streak Since February

Aug. 11 (Bloomberg) -- Treasuries fell, pushing the 10-year note yield to the highest since May, as economic data showed strength, dimming prospects for added monetary stimulus and limiting demand for...

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It Was Another Week Of Positive Data, But Energy Prices Are Getting Scary Again

There was little monthly or quarterly data this past week.  Productivity increased in the second quarter, as did unit labor costs.  The US trade balance got less worse.  The wholesale inventory to...

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What The Rebound In Housing Means For The Unemployment Rate

Early this year when I wrote The Housing Bottom is Here and Housing: The Two Bottoms, I pointed out there are usually two bottoms for housing: the first for new home sales, housing starts and...

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A Quick Update On The Only Economic Datapoint That Really Matters

Want to know what's going to happen in the stock market (and by extension the Presidential election)? Just keep your eye on weekly initial jobless claims. The recent improvement in claims perfectly...

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The Truth About The Stock Market And GDP

Recently, PIMCO's Bill Gross generated controversy by implying that stocks could not sustainably deliver greater returns than GDP growth, as they have for the past several decades. He hinted that the...

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