Terrorists Take Hostages In Attack On Algeria BP Field
Algeria has fallen victim (as predicted) to Islamic militants who, on Wednesday, initiated attacks and took control of a natural gas field operated by BP...
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Baupost Group Sitting On 116% Return From Madoff Claims
Years after the breakup of Bernard Madoff’s Ponzi scheme, one current and one former owner of a claim resulting from that breakup are squabbling over...
Why Financial Sector Earnings Are a Deceptive Farce
Yahoo!Finance writes that: “It’s a make or break week for the financial sector with five of six of the nation’s largest banks (JPMorgan, Goldman Sachs,...
Linda Beale Op-Ed on the Dysfunctional Politics of the U.S. Economy
Trillion Dollar Coins, Fourteenth Amendment Powers, Executive Duties versus the Zanies on the Right who Want to Send us to Economic Purgatory: Krugman on the...
Earnings Preview: Bank Of NY Mellon, eBay, Goldman Sachs, U.S. Bancorp
Wednesday 16th, Jan, is a big day for earnings. Some of the largest financial institutions in the United States, including Goldman Sachs Group Inc. (NYSE:GS)...
Apple Expectations Are Low, But Any Upside Could Surprise
Apple is scheduled to report fiscal 1Q13 (December) results on January 23, after the close. On Apple’s call on 1/23, analysts expect management to be relatively...
6 Downside Market Risks
Since I already provided 5 reasons to remain cyclically bullish I figured I’d offer the other side of the coin as well. Here’s 6 downside...
5 Reasons to Remain Cyclically Bullish
This is from a recent Orcam Investment Research piece where I described 5 reasons to remain cyclically bullish (not necessarily near-term): 1. The Orcam Recession...
Wednesday: CPI, Industrial Production, Homebuilder Confidence, Beige Book
Former Republican Senator Alan Simpson was on CNBC today. Here was the Q&A on the debt ceiling: Maria Bartiromo: "Do you believe the GOP should...
All Your Bases and Dead Presidents Are Belong to the Government?
A serious wonk debate has broken out over the trillion dollar coin and its ramifications. As I said 18 months ago when I first discussed...