By Russ Winter Guess what, gente, it is an election year. And last time I heard, voters still care about gasoline prices. And many will care about heating oil prices. And others about getting no interest on savings. As the...
Read MoreBy Bruce Krasting Two headlines today from Switzerland tell an important story. The first is about the rapid increase of foreign reserves due to the currency “Peg” administered by the Swiss National Bank (SNB). The...
Read MoreBy James Picerno of The Capital Speculator Some economics pundits needlessly bang their heads against the wall when it comes to the art/science of digesting the numbers. Today’s example: the Labor Department’s...
Read MoreBy Tyler Durden of ZeroHedge On the day Knight blew up, and its stock tumbled initially to the $7 range, when the market speculated the loss may be “only” as large as $150-$250MM, we calculated courtesy of a Nanex...
Read MoreBy Mike “Mish” Shedlock Yield on 10-year Spanish bonds remains stubbornly high near 7%, but yield on 2-year bonds is in the midst of a breathtaking crash.Spain 10-Year Government Bond YieldSpain 2-Year Government...
Read MoreBy James Picerno of The Capital Speculator The global economy may be facing a new round of trouble, but you wouldn’t know it by looking at last month’s returns for the major asset classes. The gains fell well short...
Read MoreBy Jason Simpkins of Wall Street Daily CNOOC Ltd. (NYSE: CEO) just made some serious waves in the energy market with its $15.1 billion bid for Canada’s Nexen Inc. (NYSE: NXY). But that takeover – the largest overseas...
Read MoreBy Economy Watch Warren Buffett, chairman and CEO of Berkshire Hathaway, is one the wealthiest investors and notable philanthropist of our generation. Famous for his value-investing philosophy and frugal living, this infographic...
Read MoreBy Central Bank News The past week in monetary policy saw interest rate decisions by nine central banks around the world, with three central banks cutting rates and six keeping rates unchanged. The markets were overwhelmingly...
Read MoreBy Charles Rotblut Cisco Systems’ (CSCO) low valuation, balance sheet strength, revenue and earnings growth, and positive free cash flow caused it to appear on my personal stock screen. Based on these measures, the stock...
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