Blog Profile / Business Insider: Money Game
| URL : | http://www.businessinsider.com/moneygame | |
|---|---|---|
| Filed Under: | Business & Finance | |
| Posts on Regator: | 75533 | |
| Posts / Week: | 339 | |
| Archived Since: | February 11, 2009 | |
Blog Post Archive
Tesla's Earnings Quality Is Sketchy, But Its Stock Keeps Soaring
If there is one lesson that resonates from years of watching markets, it's that earnings quality doesn't matter in cult stocks on the rise. Nobody wants to hear it. Look no further than Netflix. Or even Amazon. All of which brings us to Tesla. Show More Summary
STOCKS FALL AFTER BAD ECONOMIC DATA: Here's What You Need To Know
All four economic data releases missed expectations today. First, the scoreboard: Dow Jones: 15,231.84, -43.85, (-0.29%) S&P 500: 1,650.42, -8.36, (-0.50%) Nasdaq: 3,465.24, -6.38, (-0.18%) And now, the top stories: Three big economic data releases came out at 8:30 AM, and all three fell short of economists' expectations. Show More Summary
Environmentalists And The Energy Industry Both Hate The New Rules For Fracking Federal Lands
The Interior Department's Bureau of Land Management just released revised rules governing hydraulic fracturing — fracking — on public lands. They seem to have upset both environmentalists and the industry — we've already received two insta-press releases from both sides criticizing the updated regulations. Show More Summary
HAJIME KITANO: Japanese Markets Are Doing Something We Haven't Seen In 20 Years
One of our favorite strategists, Hajime Kitano, is back in business. Kitano has been silent for several months following his resignation from JPMorgan as Chief Japan Equity Strategist in late January. At the time, the Japanese revival...Show More Summary
Pope Francis Rips Global 'Cult Of Money'
Pope Francis has attacked the “dictatorship” of the global financial system and warned that the “cult of money” was making life a misery for millions. He said free-market capitalism had created a “tyranny” and that human beings were being judged purely by their ability to consume goods. Show More Summary
This Stock Market Rally Appears To Be Simple Mean Reversion
"The end is near" has been the bears' dire prediction since the start of the bull market on March 9, 2009. This year's rally to new record highs suggests that the bears have lost their credibility and that investors are becoming increasingly convinced that the end is actually still far off. Show More Summary
Wal-Mart's Customers Are Still Living Paycheck-To-Paycheck
Wal-Mart released earnings today and revealed that it's grappling with a slump in sales. Sales rose 1% to $113 billion, falling below Wall Street's expectations. The largest U.S. retailer blamed the miss on a slew of economic factors, including the payroll tax increase, tax refund delays, and even bad weather. Show More Summary
The World's Central Banks Added To Their Gold Stockpiles Even As Prices Tumbled (GLD)
Falling gold prices haven't kept the world's central banks from increasing their reserves of the yellow metal. A new report from the World Gold Council shows that central banks bout 109 tonnes of gold in the first quarter. This was the seventh straight quarter in which they purchased over 100 tonnes of gold. Show More Summary
Angry Young Indians: What A Waste
How India is throwing away the world's biggest economic opportunity. IN THE past 35 years, hundreds of millions of Chinese have found productive, if often exhausting, work in the country’s growing cities. This extraordinary mobilisation of labour is the biggest economic event of the past half-century. Show More Summary
The US Economy Is Overdosing On Spinach
In a new piece up at The New Republic, pundit Michael Kinsley defends the austerity crowd, the people who have been incorrectly arguing that spending cuts and deficit reduction should be a major priority for the economy. Kinsley ends his piece with this shot at Paul Krugman, who of course has been the biggest critic of austerity. Show More Summary
Here Comes Housing Starts...
Housing starts for April are out at 8:30 a.m. ET. Economists polled by Bloomberg are looking for starts to fall 6.4% month-over-month (MoM) to an annualized 970,000. This compares with an annualized 1.036 million in March. Permits are expected to rise 3.8% MoM to an annualized 941,000, from a revised 907,000 the previous month. Show More Summary
Here Comes Consumer Prices ...
Heads up! Minutes away from the release of the April Consumer Price Index, due out at 8:30 AM ET. Economists predict that consumer prices fell 0.3% in April from the previous month after posting a 0.2% decline in March. Stripping food...Show More Summary
HERE COMES INITIAL JOBLESS CLAIMS ...
Heads up! Minutes away from the release of weekly jobless claims data, due out at 8:30 AM ET. Economists predict initial claims for unemployment insurance rose to 330,000 in the week ended May 11 from 323,000 in the previous week. Continuing...Show More Summary
Gold Is Having Another Bad Day
Gold is having another bad day. It's now below $1380/oz. Please follow Money Game on Twitter and Facebook. Join the conversation about this story »
It's About To Get Very Busy In The US
US stock markets closed at all-time highs yesterday and futures are currently pointing to a positive open. We're about to get a ton of data that could quickly change the momentum of this market. Here's a preview of upcoming events courtesy of Calculated Risk's Bill McBride: • At 8:30 AM, the Census Bureau will release Housing Starts for April. Show More Summary
MORGAN STANLEY: Here Are 6 Key Points To Remember About The Current Phase Of Global Monetary Easing
Central banks around the world continue to embrace easy monetary policy in its efforts to stimulate their local economies. Morgan Stanley's economics team has dubbed the moves since February as "the Great Monetary Easing, Part Three," or GME3. Show More Summary
Advisors Should Move Away From The Much Loved Bucket Strategies
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Why Advisors Should Reconsider Bucket Strategies (Nerd's Eye View) Advisors often resort to bucket strategies — when a portfolio is divided into buckets based on the clients needs. Show More Summary
George Soros Sold A Bunch Of Apple, And Dumped Two Banks
Legendary billionaire hedge fund manager George Soros has filed his latest 13F regulatory filing with the Securities and Exchange Commission. During the first quarter ended March 31st, Soros exited his positions in Morgan Stanley, JPMorgan and General Electric, the filing shows. Show More Summary
Warren Buffett Raised His Bets On Wal-Mart And Wells Fargo (WMT, WF, GD, ADM)
Berkshire Hathaway, the conglomerate run by billionaire Warren Buffet, just filed its latest 13-F. Among other things, Berkshire raised its bet on Wells Fargo (bought 18.3 million shares), Walmart (bought 1.7 million shares), and DirecTV (bought 3.2 million shares). Show More Summary
This Man Thinks Apple's Stock Is Worth $240, And Amazingly, People Say This Is Killing Apple's Stock (AAPL)
Apple's stock has been crushed the last two days, falling to $427, down from a recent high of $460. Nobody really seems to have a solid reason for what's going on here. The stock just started breaking down and people started throwing out ideas. Show More Summary