Forget Egypt for a moment. Look past
angst on the streets of Bangladesh. If you want to see how extreme the
effects of surging food prices are becoming, look to wealthy Japan.
Warren Buffett told the Financial Crisis Inquiry Commission that taxpayers will always be on the hook for collapses at the biggest U.S. companies.
The New York Stock Exchange, the symbol of American
capitalism for more than a century, may merge with a German rival after
losing ground to smaller competitors.
by Christopher A. Krell
Financial advisors are witnessing an all
too common pattern among their clients: financial behavior driven by investors'
emotions, not logic.
Fed Chairman Ben S. Bernanke said the unemployment rate is likely to remain
high "for some time" even after the biggest two-month drop in the
jobless rate since 1958.
The quality of commercial mortgages being packaged into bonds is
declining as sales in that market soar, a Standard & Poor's analyst
said at a securitization industry conference.
Investors are betting with Ben S. Bernanke that surging food and energy prices won't accelerate U.S. inflation, allowing him to maintain easy money.
by
Ray Fazzi
American businesses have a common enemy: the U.S. Environmental Protection Agency.
Nassim Taleb, author of "The Black Swan," said the "first thing"
investors should avoid is U.S. Treasuries and the second is the dollar.
Equities that fell farthest last year are surging the most in a decade,
reversing the fortunes of mutual funds and signaling an extended global rally.
Policy makers are robbing savers by driving down real interest rates as
they keep borrowing costs at record lows in a "devil's bargain," says Pimco's Bill Gross.
Many European countries are pursuing "excessive austerity," risking a
marked slowdown in economic growth, Nobel Prize-winning economist Joseph
Stiglitz said.
Japan's credit rating was cut by Standard & Poor's as persistent deflation and political
gridlock undermine efforts to reduce a 943 trillion yen ($11 trillion)
debt burden.
Rich shoppers are driving an increase in consumer spending, bolstering
a recovery that masks reluctance among less affluent Americans to join
in.
Nobel prize-winning economist Joseph Stiglitz said the impact of the
global financial crisis would last for at least two years, and
investment to reduce the impact of climate change may help to...
Equities will have double-digit percentage growth in 2011, and investors should buy shares that rely most on
growth and exaggerate market moves, Goldman Sachs Group Inc.
said.
Goldman Sachs Group Inc.
predicts the Standard & Poor's 500 Index will rally 18% to
1,500 by the end of December and Treasuries will have a "decent" year.
Larry Kudlow is downright delirious on CNBC. Byron Wien at Blackstone
thinks the S&P 500 will hit 1,500 at some point this year...
The Kansas City Fed chief says he's increasingly confident the recovery is sustainable and likely to gain strength.
Illinois lawmakers will try this week to accomplish in a few days what they have
been unable to do in the past two years-resolve the state's worst
financial crisis.
