Apple Removed from Goldman’s “Conviction Buy” List
Analysts at Goldman Sachs (GS) have removed Apple (AAPL)’s stock from Americas Conviction Buy List, and cut the iPhone-maker’s price target from $660 to $575....
Author : Wall Street Pit
Shanghai Index’s Underperformance
Imagine two countries. In one, the economy grows slowly and its stock market moves at a similar pace. The other country’s economy grows by leaps...
Zuckerberg’s $1 Billion Consumption Tax Payment
When you study economics you find out that lots of things average people believe just aren’t so. You learn that inflation is caused by monetary...
How Obama Goosed the Jobs Numbers
As long as I can remember, people have always complained about the accuracy of government-reported statistics and claims. For instance, every year, the government reports...
Be Wary of Re-Focus on European Instability
The market opened lower this morning after news of a weak Italian debt auction but was able to rally back to near the flat line....
Robert Shiller Concerned About Drop in Home Prices
Case-Shiller Index co-author Robert Shiller spoke with FOX Business Network (FBN) about his concerns surrounding homeownership. Shiller said he thinks the mortgage interest deduction “looks...
Health Care Premiums: Bend Over ‘n Brace Yourself
I guess we might soon expect Ben Bernanke and his pals at the Federal Reserve to discount the cost of health care from the core...
Labor Torpedoes Immigration Reform
Can you have immigration reform without a viable worker visa program? I...hink...hat most would answer no. Without a scheme...hat provides guest workers sufficient...o meet...he needs...
EU Antitrust Authorities Eyeing Apple iPhone Accords, Report
European Union [EU] antitrust regulators are looking into documents submitted by a group of European telecom-carriers over antitrust fears, a media report on Thursday said....
Deposit Taxes: Should We Prepare?
There’s no way it could happen in the United States. That’s the conventional wisdom on this side of the pond about the ECB’s bailout of...