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Expect Dow 15000 If Investors Return(0) Long-time market bull and Wharton School finance professor Jeremy Siegel told CNBC Tuesday the Dow Jones Industrial Average can exceed 13000 and rise to 15000 in a few years if more investors return to buying stocks as the economy improves. Read More |
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$5 Gas Coming This Summer?(0)
The price of gasolinecontinues to go up and economists are keeping a watchful eye to see if it will slow down the U.S. economic recovery. Read More |
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Global Inflation: Bubbling Again?(0) The Great Monetary Easing (Part 2), is in full swing… In response to a slowing global economy and further downside risks emanating from the possibility of an escalating Eurozone debt crisis, central banks all over the world – and across the DM-EM divide – have been deploying their arsenal for a while now, and should continue to do so. Read More |
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Where Does the Stock Market Go From Here?(0)
Where does the stock market go from here? For those of us who started the year skeptical, is it time to abandon our skepticism and jump in whole hog? For those of us who have caught all or much of the rally, is it time to start taking profits or is the best course to stand pat? Read More |
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Gas Price Spike Pumping Fear(0)
The unseasonably warm weather isn’t the only sign of an early spring. Roiled by the specter of Iranian oil cutoffs, gas prices are rising at a record pace, crossing the $4-a-gallon threshold in some parts of the country, and threatening to break an all-time high, experts say. Read More |
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Is Capitalism bankrupt?(0) With a world-wide financial crisis, towering government debt and the public outrage of the 99 per cent it is suggested that the free market is not free enough. . Is capitalism in fact bankrupt? |
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China Reduces Holdings of U.S. Treasuries to Lowest Level Since June 2010(0)
China, the largest foreign lender to the U.S., reduced its holdings of Treasuries in December to the least since June 2010 amid efforts to assist Europe in addressing its debt crisis. Read More |
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Record $6 Trillion of Fake U.S. Bonds Seized(0)
Italian anti-mafia prosecutors said they seized a record $6 trillion of allegedly fake U.S. Treasury bonds, an amount that’s almost half of the U.S.’s public debt. The bonds were found hidden in makeshift compartments of three safety deposit boxes in Zurich, the prosecutors from the southern city of Potenza said in an e-mailed statement. Read More |
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CBO: Longest Period of High Unemployment Since Depression(0)
After three years with unemployment topping 8 percent, the U.S. has seen the longest period of high unemployment since the Great Depression, the Congressional Budget Office noted in a report issued today. [Dems Tout GOP Payroll Tax Plan as Political Victory.] Read More |
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Moody’s: 5 big U.S. banks face downgrade(0)
Moody’s is placing under review the long-term ratings and credit assessments of Bank of America (BAC, Fortune 500), Citigroup (C, Fortune 500), Goldman Sachs (GS, Fortune 500), JPMorgan Chase (JPM, Fortune 500), Morgan Stanley (MS, Fortune 500), as well as the Royal Bank of Canada. All except JPMorgan Chase and Royal Bank of Canada are having some or all short-term ratings reviewed. Read More |
