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US Truck Tonnage Posts The Largest Annual Gain In 13 Years`
This week’s data on truck tonnage makes the benign increases in rail data look underwhelming. The 2010 annual gain was the largest in 13 years! More via the ATA: “The American Trucking Associations’...
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DAVID ROSENBERG: The Bull Case For Equities Depends On Three Big Ifs
A little salt from David Rosenberg on this winter's rally (via Pragmatic Capitalism): “Is there a bull case for equities? Well, after a 20% pop off last October’s lows, that would seem like a pretty...
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Arianna Huffington And Sheryl Sandberg Marooned In Remote Swiss Town After...
The DLD conference in Munich lavishes its speakers with awesome perks and swag. So it was no surprise that, in an effort to accomodate the tight schedules of the two mega-executives who closed the...
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Roubini Is Scaring Everyone At Davos With Talk Of Global Recession
The issue of whether or not to raise taxes in the US will be an important one in the presidential election campaign as the American economy is threatened by slowing world growth and recession in...
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INFOGRAPHIC: Where Gold Comes From And Where It Goes
Here's a neat infographic on gold from Trustable Gold (via Zen Trader). Gold comes from the ground -- the largest share from South Africa. Gold goes to the people -- primarily in the form of jewelry....
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SOCGEN: The German Slowdown Is Over
This morning's better-than-expected rise in business confidence suggests Germany's slowdown is over, according to Societe Generale's Klaus Baader: With a third successive gain, the ifo business...
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UNBOXING: The Davos Swag Bag
One of the most popular posts I wrote about Davos last year was the one about unboxing the swag bag. So, naturally, I unboxed this year's swag bag. This is the most prestigious conference in the...
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A Silicon Valley Entrepreneur Tells The Real Reason He's Opening A Factory In...
High wages aren't what's driving manufacturing out of America; it's government policy -- from taxes to regulations. Former Sierra Club chairman Carl Pope draws this conclusion in a recent series of...
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10 Things You Need To Know Before The Opening Bell (SPY, GOOG, YHOO, ILMN,...
Good morning. Here's what you need to know. Asian markets were up in overnight trading with the Nikkei rising 1.12%. Europe is lower as UK GDP falls, and Novartis and Ericsson report weak earnings....
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This Is The Best Explanation Of Davos By The Numbers We've Seen
The team at Reuters covering Davos has put together a great infographic assembling they key stats you need to know to understand the World Economic Forum's Annual Meeting in Davos. Highlights include:...
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Boeing Q4 EPS Crushes Estimates, But 2012 Guidance Is Weak (BA)
Boeing's net revenue jumped 18% to $19.6 billion on strength in commercial airplane deliveries, which jumped 31% to $10.7 billion. Adjusted Q4 EPS of $1.32. Analysts were expecting $1.01. Net revenue...
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THE SEEDS OF DYSTOPIA: Roubini & Co. Scare The Crap Out Of Davos
An uplifting post-lunch session at Davos entitled GLOBAL RISKS 2012: THE SEEDS OF DYSTOPIA... Professor Nouriel Roubini's on the panel, along with the head of Amnesty International and a few other...
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The Euro Takes A Tumble After Lagarde Suggests The Public Sector Could Take...
The euro tumbled about $0.01 in early trading today, sending the currency below the $1.30 handle it has been flirting with for the last few months. That comes as reports surface that the European...
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Daniel Mudd Resigned From Fortress Investment Group Yesterday
Daniel Mudd has resigned from his position as chief executive and his seat on the Board of Directors at Fortress Investment Group, a press release announced yesterday. Last month, Mudd—who used to be...
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10 States Where You Can Get Amazing Bargains On Foreclosed Homes
U.S. foreclosures fell 9% in December from the previous month, and these foreclosures resulted in sales that depress home prices. RealtyTrac calculated the states with the highest foreclosure savings,...
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This Former Journalist Just Returned 198 Percent On His Fund's Portfolio
Sahm Adrangi's Kerrisdale Capital just told investors today the fund had a 198 % return in 2011. In his Q4 letter to partners, Adrangi chalked up the boffo year to shorting four Chinese companies...
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Romney May Already Be Flip-Flopping On The Carried Interest Tax Rate
It will likely be around for a while, so get used to the phrase, "carried interest." The Romney campaign, for its part, is trying to do it as fast as they can — with notable bumps along the way. The...
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Rothschild Heir Says Siberian Sauna With British Lord And Russian Oligarch...
The Telegraph is reporting the details of the libel trial between Nathaniel Rothschild, an heir to the legendary banking empire and one of Britain's wealthiest men, and The Daily Mail. Rothschild is...
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Dartmouth Student Who Says Financial Firm Recruiting Makes Him Feel Sick Will...
Remember that Dartmouth student who wrote an op-ed last fall about how the campus recruiting process, which many major financial firms participate in, makes him feel sick? Of course, you do. But in...
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Hong Kong Stocks Jump In First Trading Day Back From Chinese New Year Holiday
The Hong Kong stock exchange is open for the first time in the Year of the Dragon. The Hang Seng Index is up 1.1% early in the trading session. This rally comes after China officially reported GDP...
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