EXIT POLLS: Vladimir Putin Wins Russian Election, Crushes Competition
Exit polls are confirming that Russian Prime Minister Vladimir Putin has won the Russian election, Russia Today reports. Putin is reported to have received 58.3 percent of the vote, trouncing his...
View ArticleBain's Biggest Problem Is Lagging Performance, Not Romney
(Reuters) - As Bain Capital LLC prepares to market a multibillion-dollar fund, investors say the private equity firm's performance is its biggest problem -- not the 15 years it was run by presidential...
View ArticleWATCH: Putin Cries As He Learns He Will Be Russian President Again
So while it wasn't too surprising that Putin appears to have won the presidential election today, it is a little unusual that the Russian strongman cried during an early victory party (itself a little...
View ArticlePMI Reports Come In Ugly Across Europe, As Spain And Italy Start To Tailspin
This is not helping the market today: PMI Services reports are coming in ugly across the Eurozone. Markit has a great rundown of the results, which basically go like this. Italy is down to 44.1 vs...
View ArticleSpanish PMI Was Especially Dismal
Several people noticed last week that Spanish yields have jumped above their Italian counterparts for the first time in awhile. There have been several stories about Spanish slippage when it comes to...
View ArticleGold Is Taking Another Beating Today
As markets sell off, more air is coming out of the gold balloon. It's now below $1700/oz. Please follow Money Game on Twitter and Facebook.Join the conversation about this story »See Also:China Could...
View ArticleHUSSMAN: It Is Now One Of The Worst Times To Invest In History
In his latest note, John Hussman argues that it's one of the worst times to invest. Period. Based on his proprietary soup of risk indicators for the market, the current exuberant situation puts it on...
View ArticleChina Officially Announces Slower Growth Goals
China continues to push for a glide-path, soft landing for the economy. Premier Wen Jiabao cut the country's growth goal to 7.5% from 8%, according to Shanghai Daily. According to the same report,...
View ArticleIs This NASDAQ Chart Signaling A Big Selloff?
Time for a little bit of technical analysis/chartsmanship sent in by a reader. You can make of it what you will, but the basic gist is this: The current 9-week rally in the NASDAQ 100 is incredibly...
View ArticleThe Latest On QE3 And The Language We'll See At The Next Fed Meeting
QE3 is not coming at the next meeting, and it's not clear at all if/when it will be here That's according to the WSJ's Jon Hilsenrath, who is always really plugged in on these things. Fed officials...
View ArticleToday Could Be The Worst Day All Year
Futures are pointing to a declines at the open somewhere in the neighborhood of 0.5%. Just a reminder: The worst day all year was a decline of 0.69%. With some indices off about 1% today, and some...
View ArticleSocGen: If Greece Leaves The Euro, The Athens Stock Market Will Do Something...
What's the prospect for the Greek stock market if Greece leaves the Euro. SocGen's Patrick Legland and Daniel Fermon have produced this clever chart. It compares the Athens market to the Argtine...
View ArticlePaul Krugman On The 'Policy Malpractice' That's Doing 'Double Damage' To The...
In his latest column, Paul Krugman discusses a theme that we're pretty fond of around these parts: The disconnect between the belief that the government has expanded wildly under Obama, and the...
View ArticleSHIPPING CEO: Iran Could Send Oil To $440/Barrel
The scariest Iran scenario yet comes from Bob Bandos, CEO of marine logistics and services company GAC North America. Bandos tells Pierre Bertrand of the International Business Times: [T]ankers can...
View Article10 Things You Need To Know Before The Opening Bell (BP, AIG)
Good morning. Here's what you need to know. Trading in Asia started the week lower, with Hong Kong's Hang Seng off 1.4 percent. Europe is largely in the red and U.S. futures point to a negative open...
View ArticleA 7th Advertiser Pulls Out Of Limbaugh's Show After The Slut Incident
NEW YORK (AP) — A flower company is the seventh advertiser to pull its ads from conservative talk show host Rush Limbaugh's radio program in reaction to his derogatory comments about a law student who...
View ArticleCOFFEE, GAS, COLLEGE TUITION: Here's A Look At Everything Priced In Gold
You'd be hard-pressed to find a merchant that will sell you something in exchange for gold. But what if you could? Charles Vollum is the editor of a fun website called pricedingold.com. As you may...
View ArticleBankruptcy May Swallow The Company That Is Suing Apple Over The iPad Trademark
SHANGHAI (AP) — A major creditor of Proview Electronics, which is challenging Apple Inc.'s use of the iPad trademark, has moved to have the ailing computer monitor maker liquidated, reports said...
View ArticleTech Is The Overwhelming Favorite Sector Of Large Investors
From the latest note from Citi's Tobias Levkovich, a look at most and least-favored stock sectors among large investors. It's not too surprising that utilities are the least favorite. They don't fit...
View ArticleBloomberg Has A New Billionaire Rankings List That Should Kill Every Other...
Well, this should gives Forbes—known for their annual "rich lists"—a run for their money. Last night, Bloomberg released the "Bloomberg Billionaires Index," the first daily global ranking of the...
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