The Idea That Innovation No Longer Drives Growth Is Becoming Very Popular
The idea that innovation and new technology have stopped driving growth is getting increasing attention. But it is not well foundedBOOM times are back in Silicon Valley. Office parks along Highway 101...
View ArticleGMO: Here Are 10 Scary Signs Of Fragility In China's Massive Financial System
The Chinese economy is "very credit dependent", warn GMO analysts Edward Chancellor and Mike Monnelly. Not long ago, cities like Wenzhou would see bad debts surge, and small business owners and...
View ArticleWhy Shale Fracking Is An Economic Game-Changer That Cannot Be Overhyped
Yesterday, we published a presentation by oil analyst Arthur Berman suggesting the potential of fracking to extract fossil fuels buried in shale rock has been way overhyped.But there are many who would...
View ArticleThe Last Remaining Store Of Real Wealth
Yeah, The Last Remaining Store Of Real Wealth is somewhat tongue in cheek. I'm talking about pensions here, and despite the fact that hundreds of millions of people, especially in the west world, count...
View ArticleThe GOP's 'No Budget, No Pay' Plan Is A Farce: Congress Will Get Paid No...
The "No Budget, No Pay" bill that passed the House of Representatives Wednesday is designed to stop all pay to members of Congress until they pass a budget. However, the title of the legislation is...
View ArticleCHART OF THE DAY: $2.1 Trillion Powder Keg Near The Heart Of The Chinese...
In December, Fitch warned that Wealth Management Products (WMPs) were creating growing risks in the Chinese banking sector.Chinese investors took to the streets to protest that month when the WMPs they...
View ArticleWhy All Of The Conspiracy Theories About Why Germany Is Taking Its Gold Out...
Deutsche Bank commodity analysts Daniel Brebner and Xiao Fu recently weighed in on the German Bundesbank's decision to repatriate part of its gold holdings from New York and Paris back to Germany.The...
View ArticleSTOCKS CLOSE IN ON ALL-TIME HIGH: Here's What You Need To Know (DIA, SPY,...
Stocks continued to head higher.First the scoreboard:Dow: 13,779, +67.1, +0.4 percentS&P 500: 1,494, +2.2, +0.1 percentNASDAQ: 3,153, +10.4, +0.3 percentAnd now the top stories:The Dow and S&P...
View ArticleAPPLE WHIFFS AS IPHONE COMES IN LIGHT, STOCK TANKS (AAPL)
Apple's numbers are out!And they don't look good. As you can see below, Apple missed the expectations of buy-side investors, pretty much across the board.The thing that should make investors super...
View ArticleNetflix Is A GIGANTIC Win For Carl Icahn (NFLX)
Shares of Netflix are soaring in after-hours trading after the company released an earnings announcement that crushed analysts' expectations. Netflix posted a profit of 13 cents earnings per share in...
View ArticleS&P 500 Futures Sink Instantly After Apple Earnings
Perhaps the most anticipated earnings release for investors – Apple– is out, and the company missed expectations on a large number of metrics.S&P 500 futures instantly shed 4-5 points upon the...
View ArticleFINANCIAL ADVISOR INSIGHTS: Rosenberg Says Fear And Greed Drive All Cycles
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Two Extreme Emotions That Never Entirely Go Away Cause Cycles (David...
View ArticleJeff Gundlach Warns Apple Could Go As Low As $300
After Apple missed analyst earnings expectations this afternoon, bond god Jeff Gundlach, the CEO of DoubleLine Capital, joined the folks on CNBC's "Fast Money" to discuss his $425 price target on the...
View ArticleHousing Permits Are Pointing To More Job Growth In 2013
In the past I've said that if there were only one piece of economic data I could have, it would be housing permits. They are a very reliable long leading indicator for the economy, not just in the post...
View ArticleApple Just Disclosed China Revenues For The First Time Ever (AAPL)
Apple earnings are out, and investors are not loving the numbers.However, lost in all of the noise is the fact that Apple just broke out its revenues in China for the first time ever in its latest...
View ArticleMorgan Stanley's 'Nuclear Holocaust' Trade Isn't As Bad As It's Being Made...
Jesse Eisinger paints a pretty awful picture of banker misbehavior in his latest Pro Publica column.On March 16, 2007, Morgan Stanley employees working on one of the toxic assets that helped blow up...
View ArticleJapan's Exports Plunge, Trade Deficit Widens More Than Expected
Japan's latest trade numbers are out.The trade deficit came in at ¥641.5 billion, which was wider than the ¥522.8 billion forecast by economists.Exports fell by 5.8 percent year-over-year versus the...
View ArticleCHART: Ice Cream Consumption Per Capita Around The World
Great chart here from Unilever posted by @fed_speak that needs no explanation.Please follow Business Insider on Twitter and Facebook.Join the conversation about this story »
View ArticleMan Who Helped Save America From Financial Armageddon Is Running For Office
Neel Kashkari, one of the main operatives of the bank rescue TARP (and therefore one of the men who helped save America from financial Armageddon) is leaving PIMCO, and running for office, according to...
View ArticleCHART: China's Quarterly GDP Growth Since 1998
At 8:45 PM ET, we'll get the HSBC Flash China Manufacturing PMI, which will give us a sense of how the Chinese economy is doing to start the new year.Last quarter, GDP growth accelerated again. People...
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