I Was Wrong... It Looks Like A Very Bad Piece Of Fiscal Policy Is About To Go...
A key policy goal right now is to minimize short term austerity since the deficit as a percent of GDP is already shrinking quickly, and the deficit should continue to shrink over the next few years. So...
View ArticleWhat A Billionaire Gets For His Birthday
Bill Gates hosted an "Ask Me Anything" on Reddit yesterday and a commenter wanted to know what the billionaire receives for his birthdays.His response: "Free software. Just kidding. Books actually."His...
View ArticleWe Finally Found Someone With A Theory Of How The Pope's Resignation Could...
We were wondering if anyone was going to try to make a market call on the news that Pope Benedict is resigning/retiring/abdicating.And yes! We found one.Bill Blaine, who writes a daily Blain's Morning...
View Article10 Things You Need To Know This Morning (SPY, DIA)
Good morning. Here's what you need to know.Asian markets were mostly closed in overnight trading for the New Year holiday, but the Nikkei was up 1.94 percent on a weaker yen, and the Bombay Stock...
View ArticleAnalyst Goes On Ballistic Rant About The Bizarre New Development In Japanese...
Today's winner is Michael Block of Phoenix Partners, who has a great rant on Japanese economic policy. In particular, he goes off on the Japanese economic minister who set a price target ont he Nikkei,...
View ArticleBarclays Is Cutting 3,700 Jobs In A Complete Bank Overhaul
Barclays Chief Executive Antony Jenkins says the firm is to cut 3,700 jobs across the business, claiming the strategic review is focused on its long-term prosperity.Follow our live blog on the Barclays...
View ArticleYEN SURGES: G7 Finance Ministers Make Shock Announcement That Earlier...
Earlier today, the G7 made a fairly mild comment about how there should be market-based exchange rates.It was a fairly benign statement, that people took to mean that there was no condemnation of the...
View ArticleMeet The Olympic Gold Medalist Swimmer Who Wants To Be A Hedge Fund Trader
Clément Lefert, a French swimmer who took home a gold medal at the London 2012 summer Olympics, is interning at a hedge fund, Bloomberg News' Matthew Brown reported.The 26-year-old Olympian is...
View ArticleART CASHIN: Let Me Tell You About The Prophecy Of St. Malachy And The...
It's a pretty quiet week in the market with little expected on the economic and earnings front.However, there has been some news on the celestial and supernatural fronts that UBS's Art Cashin notes...
View ArticlePeople Now Think Amazon Is Better Than Apple
Harris Interactive released its 14th annual poll. It asked 14,000 people what they think of the top 60 corporations in America.Last year, Apple had the best reputation ranking. This year, it fell...
View ArticleThe Real Question About Inheritance Tax — Can Rich Kids Contribute To The...
The government's otherwise inadequate proposals on funding social care have set me thinking about Tamara Ecclestone.Their plans involve a proposal, to increase inheritance taxes by freezing the...
View ArticleLas Vegas Royalty Is Picking Sides In The War Between A Hedge Fund And A Slot...
The city known for hosting epic championship fights in the boxing ring is gearing for a knock-down, drag-out fight in the boardroom.Jason Ader is the founder of hedge fund Ader Investments, a former...
View ArticleThe State Of The Major US Economic Indicators In One Chart
Low capital expenditures, decelerating corporate growth and a global economy that's improving at a snails pace are the metrics that are most responsible for anemic growth in the U.S.. This is according...
View ArticleObama Should Not Make One Mention Of The Word 'Deficit' At Tonight's State Of...
Tonight Obama delivers The State Of The Union, and naturally everyone is chiming in with advice on what he says.If he read the Washington Post, he'd get some conflicting advice on what to say about the...
View ArticleCHART OF THE DAY: Investors' Attitudes Toward Corporate Cash Hoards Have Made...
As the credit markets froze during the height of the financial crisis, companies who relied on the short-term debt markets to finance their day-to-day operations quickly learned the importance of...
View ArticleSHERYL SANDBERG: 'It's Hard To Visualize Someone As A Leader If She Is Always...
Sheryl Sandberg has quickly become an icon in the debate over women and the workplace.At Business Insider's Ignition conference last year, she said that the most important career decision women make is...
View ArticleBANK OF AMERICA: 'This Is Not A Fluke' — The Fed May Have To Ramp Up QE Again
"This is not a fluke: almost all of the underlying determinants of inflation point to weakness," writes BofA Merrill Lynch economist Ethan Harris in a note to clients today.For all of the talk of...
View ArticleApple CEO Tim Cook Is Shredding David Einhorn's Plan To Make Shareholders...
Business Insider's Jay Yarow is live blogging Apple CEO Tim Cook's talk at the Goldman Sachs technology conference in San Francisco. Cook is ripping into hedge fund manager David Einhorn, the founder...
View ArticlePrepare To See Some Serious Carnage In The Private Equity Industry
As many of 708 private equity firms are facing a brutal deadline — attract investors over the next few years or face fee reductions, Bloomberg reports.From 2006 to 2008, PE attracted $702 billion in...
View ArticleSHILLER: Farmland Lacks One Tell-Tale Sign That Would Make It A Bubble
Talks of a farmland bubble have been in the headlines for at least a year.In 2011 Project Syndicate column, economist and bubble-expert Robert Shiller had warned that farmland was his "favorite...
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