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China's Exports Accelerated In September
(Updates with economist’s comment in fourth paragraph.) Oct. 13 (Bloomberg) -- China’s exports expanded at a faster pace for the second month and import growth resumed, adding to signs global demand is...
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The 12 Best New Insights From Wall Street's Sharpest Minds
Earnings season kicked off this week. But overall it was a pretty quiet. Spain was downgraded by S&P to BBB-, which is one notch above junk status. Some U.S. economic data pleasantly surprised to...
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ROSENBERG: The New Job Opening And Labor Turnover Data Isn't Consistent With...
David Rosenberg noted this morning that: "There are few reports that come out monthly with as much information on the employment situation than the JOLTS data (Job Opening Labor Turnover Survey) from...
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ART CASHIN: There Are Parallels Between The US And Weimar Germany Where...
UBS's Art Cashin is sounding alarms on hyperinflation again. The worry is that all of the Fed-induced liquidity in the financial system will begin to churn, causing the price of goods to surge. These...
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UH-OH: Check Out The Cover Of The New Barron's
Stock market veterans will tell you that the market tends to do the opposite of what is suggested by a cover story on a widely circulated business news publication. Famous examples include...
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David Rosenberg's Investment Strategy In A Single Slide
From his recent gloomy presentation, Gluskin-Sheff economist David Rosenberg presents S.I.R.P, an investment strategy designed to thrive in a world of overpriced assets and ongoing deleveraging. Check...
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Morgan Stanley Found Two Red Flags In This Week's Trade Report, And Now Its...
In his latest weekly Macro Dashboard note, Morgan Stanley chief economist Vincent Reinhart looks into Thursday's trade deficit report, and discovers bad news on two fronts. First, exports are slowing....
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It Was Another Solid Week Of High-Frequency Economic Data
There was almost no monthly data released this past week. Producer prices increased sharply, almost entirely due to gasoline. Consumer confidence for the second half of September reached a new...
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The Bullish Trend In Job Openings Isn't In Jeopardy
The job openings data from the BLS JOLTS survey is a little more delayed than other employment data but it has the advantage of being a leading indicator for overall payrolls. Changes in the trend of...
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Americans Under 55 Are Letting Themselves Get Screwed On Social Security
I followed what Biden and Ryan had to say about Social Security in their debate. My take on their words: Ryan said four times that his plan was to restructure Social Security. He said his plan would...
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Bond Traders Are Becoming The Market's New Superstars
LONDON, Oct 14 (Reuters) - Three years of crisis in the euro zone have thrust the once-sleepy government debt market into the public spotlight and transformed the way bonds are viewed, valued and...
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Weekend IMF Meeting Sends A Clear Warning That World Growth Is Grinding Down
TOKYO (Reuters) - Meetings of global financial chiefs over the weekend ended with a clearer picture of what Europe, the United States and emerging countries need to do to prevent a deep downturn in the...
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Argentina's Debt Picture Looks Increasingly Disastrous
WHEN Argentina proposed a brutal 65% haircut to holders of its defaulted sovereign bonds in a 2005 restructuring, one argument the country’s officials used to justify the offer was that the country...
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Americans Are Miserable, But History Says They'll Reelect Obama
It makes sense that the trajectory of the economy would be a major factor in how Americans would vote on Election Day. But what are the most important economic metrics? In a new note to clients,...
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Here Are The Charts That Should Get Obama Reelected...
Mitt Romney keeps saying that President Obama can't run on his record. That's a bunch of crap. Obama's record, at least with respect to the economy, has been strong--especially relative to the economy...
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Ben Bernanke Is Rattling His Monetary Saber At China
Ben Bernanke has been “littering” all over the globe for years. Quite a few countries have had to clean up after he has scattered some “trash”. Bernanke acknowledged that he has been littering outside...
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The Week Begins And Markets Are Going Down
The tone is generally risk off to start the week. US futures are modestly lower. Risk currencies like the Aussie dollar and the euro are lower as well. And here's the Nikkei, off 0.33%. Over the...
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Ben Bernanke's New Speech Is For Everyone Who Has Ever Talked About 'Currency...
Currency Wars is the term coined by Brazilian finance minister Guido Mantega to describe what he saw as the dangerous ramifications of ultra-loose US monetary policy. Mantega (and others) believe that...
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There Were Some Controversial Chinese Trade Figures This Weekend — And Now...
There were some controversial Chinese trade figures that came out this weekend. Exports all around the world grew more than expected. The gain of 9.9% was well ahead of the 5.5% that was expected. But...
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The Nobel Prize In Economics Comes Out Monday — Here's Who Has The Best Shot...
Americans top the list of favourites for Monday's Nobel Economics Prize, an award that increasingly rarely seems to go to a European. The European Union was handed this year's Nobel Peace Prize, but it...
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