Gold Held In USA And France To Be Returned To Germany
The Central Bank of Germany (Deutsche Bundesbank) will repatriate one fifth of its gold reserves deposited at the New York Federal Bank and the Banque...
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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...
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...