Stocks Going “Hungary” in Italy
A few months ago, I talked about how a financial transactions tax can have significant unintended consequences. Using Hungary as an example, I said that...
Author : Wall Street Pit
Apple’s Stock Gets a Rare Upgrade
On the day that Samsung launched its most anticipated smartphone, BTIG’s Walter...iecyk — one of the first analysts to downgrade Apple (AAPL)’s stock last year...
Germany: The Price of Stability?
My colleague, Fernando Martin, has an interesting chart that plots the real per capita...DP of five industrialized countries since 1991: (click to enlarge) The data...
Defense Contractors Begin to ‘Warn’ of Mass Layoffs
Few defense contractors are among the companies announcing layoffs and plant closures in the Old Dominion. But that doesn’t mean cuts aren’t coming. “Everyone is...
Japan is on a Tear
After two decades of financial repression and deflationary suffering, a new government has changed policy in a fierce way. Japan now seeks inflation. It will...
Apple (AAPL) Could Miss Its Q1 Guidance, Report
Jefferies (JEF) this morning cut its price target on Hold-rated Apple (AAPL) shares to $420 from $500, citing a 25% chance of the iPhone-maker missing...
Shark Week Is Back
The real shark week is back for traders. Often, during the trading week leading up to the monthly options expiration there will be a lot...
SEC Charges Illinois with Misleading Pension Investors
WASHINGTON, D.C. – The Securities and Exchange Commission on Monday said the state of Illinois committed securities fraud by misleading municipal bond investors about how...
Is Social Security Going Broke as the Senator Claims?
Paul Krugman had another of his nasty moment on TV Sunday when he took on Senator Ron Johnson (R, WI) (ABC -Link). The topic was...
You Say You’re a Homeowner and Not a Renter? Think Again
As we’ve said before, we’re suckers for cool charts. The latest that caught our eye is the following one, originally created by the U.S. Bureau...