Clik here to view.
A Brilliant Insight From George Soros On Why Italian Debt Is 'Practically...
Yesterday we posted George Soros' interview with Reuters' Crystia Freeland, in which he explained why he's bullish on Italian debt, and wishes he had more of it. Near the end of the interview, he...
View ArticleClik here to view.
If Obama Loses, It Will Be Because Of This One Chart
In his State of the Union response the other night, Indiana Gov. Mitch Daniels neatly summed up Mitt Romney’s (who has a roughly 90 percent chance of being the GOP nominee according to Intrade)...
View ArticleClik here to view.
Another Simple Reason Europe Is Surging Back....
We've talked a lot about the Citi's economic surprise index for the US. Basically it tries to capture the extent to which US economic data surprises on the upside or downside against expectations....
View ArticleClik here to view.
You Can Thank The Supreme Court For Newt Gingrich's Extended Campaign
When he gets finished thanking casino magnate Sheldon Adelson’s wife for plopping down $5 million into a “super PAC” supporting his run for the Republican nomination, Newt Gingrich might want to send...
View ArticleClik here to view.
A Totally Unorthodox Way To Bet On China's Gigantic Infrastructure Boom
In his presentation at the Vancouver Resource Investment Conference, US Global Investors CEO Frank Holmes made the case that the huge beneficiaries of China's infrastructure boom would be the various...
View ArticleClik here to view.
We Have Entered The Twilight Of The Leisure Class
[This post is published with permission from the personal blog of SEC Senior Policy Advisor Rick Bookstaber.] Conspicuous leisure, conspicuous waste, conspicuous consumption. Veblen coins these terms...
View ArticleClik here to view.
DAVOS DEBATE: Should You Buy A New $65 Million Plane... Or Pick Up A More...
It is a matter of serious debate. Or at least serious conviction. Should you buy a brand-new top-of-the-line jet? Or an older, more stylish one that you then refurbish? At a party in Davos last night,...
View ArticleClik here to view.
Why The Housing Market Has Much Farther To Fall
There has been a deluge of articles recently about the upticks in the housing data. The consensus is that these data points are surely pointing , finally, to a bottom in the depressing decline of...
View ArticleClik here to view.
The Solution To The Global Debt Crisis Is Personal
For today’s global financial problems, there are no solutions that are favorable to either incumbent politicians or wannabe leaders (unless they’re extremists, perhaps), let alone to the people they...
View ArticleClik here to view.
10 Things You Can't Say At Davos
Consider me gagged and muffled. I confess: I wrote a long-winded, thoroughly boring, hopelessly cliched critique of Davos this year, like anyone under the age of 35 facing a future bleaker than the...
View ArticleClik here to view.
10 Things You Need To Know Before The Opening Bell (SPY, CVX, F, HON, EMN, SOA)
Good morning. Here's what you need to know. Asian markets were mixed in overnight trading with the Nikkei down 0.09%. Europe is mixed after a healthy Italian bond auction and poor data out of Spain....
View ArticleClik here to view.
Get Ready For The Q4 GDP Report That Will Show If The Economy Really Is On...
The first estimate of fourth quarter U.S. GDP growth comes out today, and investors are aiming high. We'll be covering it LIVE at 8:30 AM ET. Consensus is that the economy grew at an annualized rate...
View ArticleClik here to view.
This Isn't Looking Good: California Just Rejected A $15 Billion Mortgage...
In the last week all the news coming out of mortgage negotiations between banks and states has said the same thing — it's coming. Now, increasingly, it looks like its not. We saw one sign on after the...
View ArticleClik here to view.
East Coast Asset Management's Christopher Begg Nails The Trend Of The Year
We've described the trend of the year as a dash for trash, a reversal of everything that happened in 2011. East Coast Asset Management's Christopher Begg picked up on a similar theme in an investor...
View ArticleClik here to view.
STEVE ROACH: Recovery? Oh, Please. We're Completely Screwed.
I had breakfast yesterday with Steve Roach, one of Wall Street's most respected economists. Steve is now the chairman of Morgan Stanley Asia and a professor at Yale. In addition to hearing Steve's...
View ArticleClik here to view.
GOLDMAN: We're Bullish On Caterpillar Due To Its Exposure To One Particular...
How things have turned. After yesterday's strong earnings report, Goldman reiterates a BUY rating on construction company Caterpillar. Why? In part due to "exposure to accelerating US construction...
View ArticleClik here to view.
Q4 GDP MISSES EXPECTATIONS AT 2.8%, PERSONAL CONSUMPTION UP JUST 2.0%
UPDATE: The numbers are out, and they're weakish. Headline growth of 2.8% came in below expectations of 3.0%. Personal consumption growth of 2.0% were below expectations o2 2.4%. The GDP price index...
View ArticleClik here to view.
Novak Djokovic Just Beat Andy Murray In An Epic, Five-Hour Match At The...
Novak Djokovic has moved on to the Australian Open final after outlasting Andy Murray in a classic five setter in Melbourne. The line: 6-3, 3-6, 6-7, 6-1, 7-5. More coming... Please follow Sports Page...
View ArticleClik here to view.
Is This The News That Guarantees QE3?
Q4 GDP just came out and it was mediocre. That in itself might suggest more monetary easing is on the way. But the real reason to think that Bernanke might be inclined to pump again is the emerging...
View ArticleClik here to view.
In Case You Still Don't Get It, Here's Why A Greek Default Should Put Fear In...
NEW YORK (AP) — Remember Greece? It's been two years since a financial crisis erupted in the birthplace of drama, and the final act is still unfinished. A second week of talks in Athens ended Friday...
View Article