KYLE BASS: There's A New School Of Economic Thought That Will 'Lead Sheep To...
Kyle Bass is famous for his big, bearish comments (and bets) against highly indebted sovereign governments.He's been notably bearish on Japan (where national debt to GDP is around 200%), though by all...
View ArticleThe President Of Argentina's Next Fight Could Be With None Other Than The...
We've been tracking how heated things have been getting between hedge fund manager Paul Singer and Argentina's President Christina Fernandez de Kirchner since Singer impounded an Argentine naval vessel...
View ArticleEveryone's Raving About NJ Governor Chris Christie's Surprise Appearance On...
New Jersey Governor Chris Christie made a surprise cameo on Saturday Night Live during the Weekend Update with Seth Meyer.Christie talked about the situation post-Sandy, while taking jabs at...
View ArticleHIGH TIMES: Legalized Pot Is Expected To Be Huge For Washington And Colorado...
Marijuana's legalization in Colorado and Washington will lead to huge revenue growth for those states' governments, according to research firm IHS Global Insight."Based on our forecast, the state and...
View ArticleOPTIMISM: What Keeps Us Alive Today Will Kill Us Tomorrow
Definition of a lie: any not entirely accurate representation of the world as we perceive it; what's not spoken can be as crucial as what is. So yeah, people lie. They, we, all do. Some of us...
View ArticleEconomic Data Confirms Hurricane Sandy Was Worse Than We Thought
We got a bunch of economic data this week, and most of it was much worse than expected.Why?At this point, it seems that economists had underestimated the negative economic impact of Hurricane Sandy.The...
View ArticleIs America Really On Its Way To Being Energy Independent? Frack, Yeah!
America is on track to produce all the energy it needs at home.UNTIL the late 1950s America produced all the coal, oil and natural gas that its citizens could burn. But as they grew rich and bought...
View ArticleHere's What The 'Fiscal Cliff' Tax Deal Is Starting To Look Like
Barack Obama and Republicans grope towards common ground on taxes...THE election dust had barely settled when Barack Obama and his Republican adversaries returned to their traditional rhetoric over...
View ArticleGOLDMAN: The Fiscal Cliff Could Force These Companies To Dump Tons Of Cash On...
If there's one component of the fiscal cliff that should have stock market investors freaked out, it's the risk of higher dividend and capital gains taxes.If nothing is done by the end of the year,...
View ArticleOne Picture Tells You Everything You Need To Know About The Economic Data...
One picture tells you all you really need to know about both the monthly and weekly data released in the past week. Here is a screen capture of a weather radar at about 10 p.m. on October 30, showing...
View ArticleObama Should Watch 'Lincoln' To Learn How To Be A Better President
Hollywood might have a thing or two to teach Barack Obama...WITH the possible exception of Ronald Reagan, there is no more revered figure in American politics than Abraham Lincoln. In announcing his...
View ArticleHere Come The 'Stock Market Vigilantes'
When you hear the word "vigilantes" in financial markets, it's usually referring to "bond vigilantes" the quasi-mythical creatures that drive interest rates up, and force governments and their central...
View ArticleAmericans Will Throw Out $282 Million Worth Of Uneaten Turkey This Thanksgiving
CBS News Sunday Morning pointed us to a shocking statistic: $280,000,000 worth of uneaten turkey will be thrown out this Thanksgiving.According to the National Resources Defense Council, that number is...
View ArticleBULL VS. BEAR: Here Are The Latest Arguments On Both Sides Of The Fight
This objective report concisely summarizes important macro events over the past week. It is not geared to push an agenda. Impartiality is necessary to avoid costly psychological traps, which all...
View ArticleA Yahoo-Facebook Search Engine Would Be A Brilliant Move For Both...
The Telegraph reports that Yahoo and Facebook are talking about teaming up on their own search engine.Good!This would be a smart strategic move for both companies. It could also drive billions of...
View ArticleHurricane Sandy And The Economy — The Lessons From Katrina
In studying the data for my latest Big Four Economic Indicators update, I wondered how much impact Hurricane Sandy might have had on the economy in October and what to expect in the months ahead. I...
View ArticleHere Are 4 Bad Calls That Remind Us We're Not As Smart As We Thought
Pot StocksSo last Monday morning you take a flyer on MDBX. You plunk down four grand for a thousand shares. By the close on Thursday, the shares are worth over $200k (5000%). It’s tank city on Friday...
View ArticleEver Wanted To See What Would Happen If You Strapped A Jet Engine To A Train?
How do you make a train more awesome?Attached two jet engines to it.That's exactly what Don Wetzel of the New York Central Railroad did in 1966 with the help of GE.In the summer of 1966, railroad...
View ArticleHow I Made It From The Back Office To The Front Office At A Hedge Fund
If you’re working in the back officeat a hedge fund right now, congratulations!You should rip open your Oxford shirt and be proud of your monogrammed B.O.B. club t-shirt (the acronym stands for “Back...
View ArticleOccupy Wall Street Is Giving People Some Shady Financial Advice
In today's complex world of personal finance, there's no question consumers could benefit from a little clarity.Just don't expect to find any in the pages of Occupy Wall Street's new manifesto on...
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