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Market Wrap For Thursday, October 10: Dow Leaps 323 Points On Potential Debt Deal
Thursday, October 10, 2013 - 4:30pm | 572Read More...Markets leapt higher as investors anticipate an increase in the debt ceiling. President Obama is set to meet with Republicans this afternoon and Treasury Secretary Jack Lew recommended the increase. Major Averages The Dow Jones Industrial Average spiked 323.09 points, or 2.18 percent, to 15,...
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Raising the Roof: The National Debt Ceiling Entering Second Week
Monday, October 7, 2013 - 2:12pm | 508Read More...By Bryan Wiener We are now entering week two of the government shutdown. The United States Congress did not pass a Continuing Resolution emergency budget on Monday, September 30, and the country's fiscal and economic welfare is in limbo. Bipartisan feuding over the efficacy of President Obama's...
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The Government Shut Down May Be Your Next Great Trade
Thursday, October 3, 2013 - 7:14am | 557Read More...Don’t know how to play the government shutdown? If you’re the type that trades on history, you buy it. You go all-in; you think of it the same way Carl Icahn thinks of Apple (NASDAQ: AAPL)—as a no-brainer because history shows that government shutdowns are great for your portfolio! You...
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Market Wrap For September 30: Debt Ceiling And Government Shutdown Loom
Monday, September 30, 2013 - 4:18pm | 756Read More...Markets finally seem to be aware that a debt ceiling is coming. There probably won’t be as much of a sell off as was witnessed saw in 2011, when markets dropped more than 15 percent, because the chaos is now predicted. Helping to simplify things was a lack of economic data on the day. The...
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Barron's Recap: The Baby Boom Budget Bomb
Sunday, September 29, 2013 - 3:49pm | 807Read More...This weekend in Barron's online: the looming economic calamity if entitlement spending is not reined in, as well as the prospects for AMC Networks, Prem Watsa and more. Cover Story "What, Me Worry?" by Gene Epstein. Unless Washington stops dithering, says this week's cover story in Barron's, the...
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Associated Press Twitter Account Hacks the Market
Tuesday, April 23, 2013 - 1:28pm | 149Read More...At approximately 1:08PM EST Tuesday, a tweet from the Associated Press' official twitter account came out stating that the White House had been the target of a bombing and that President Obama had been injured. S&P futures plummeted 16 points while the Dow Jones spiked downwards, dropping as...
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ETFs For Obama's State of The Union Speech
Tuesday, February 12, 2013 - 4:19pm | 661Read More...On Tuesday night, President Barrack Obama will deliver the first State of the Union speech of his second term. State of the Union addresses are often long on great oration, but short on rhetoric worth remembering beyond a couple of days after the speech. In recent memory, the U.S. has had few...
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Investors Watch as Obama's Interior Nominee Prepares to Juggle Needs of Business and Environment
Thursday, February 7, 2013 - 10:11am | 611Read More...Sally Jewell is a retail executive and outdoor enthusiast. She has worked in commercial banking and as an engineer for Exxon Mobil Corp. (NYSE: XOM). She also served on the board of directors of Avista Corp. (NYSE: AVA), a Spokane-based power utility, from 1997 through 2003. And, Jewell is...
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Barron's Recap (11/10/12): Are We Headed for a Recession?
Monday, November 12, 2012 - 7:00am | 839Read More...This weekend in Barron's online: dealing with the fiscal cliff, special reports on retirement, and the prospects for Berkshire Hathaway. Cover Story "Shock Treatment" by Gene Epstein. "So I think it's really important for the fiscal policy makers to, you know, work together and find a solution...
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Kenya: Euphoria in Kogelo following Obama's Reelection
Wednesday, November 7, 2012 - 11:15am | 295Read More...Kenyans in Kogelo, the ancestral home of President Barrack Obama's father, are in a celebratory mood following news that Obama won reelection. Reports indicate that the jubilant mood is, however, not as high as it was four years ago when Obama was first elected as President. Heady expectations...
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Obama versus Romney: Betting on Who Will Win in November
Friday, August 3, 2012 - 12:20pm | 673Read More...CNBC's Jeff Cox reported Monday that investors seem to be making bigger bets on which candidate will win the 2012 US presidential election. At that time, Cox discussed that "[o]ne analysis concludes that last week's sharp three-day market surge can only mean that Wall Street is banking on a...
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Barron's Recap (7/21/12): The Veggie Juice Craze
Monday, July 23, 2012 - 7:08am | 662Read More...This weekend in Barron's online: the booming vegetable and fruit juice market, as well as a return to the gold standard, the prospects for Calpine, Canon and John Bean Technologies, and more. Cover Story "Drink Up!" by Robin Goldwyn Blumenthal. The consumption of super-premium vegetable juices in...
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Romney's Lead Economist Urges Policies that will Cause the Next Financial Crisis
Monday, April 16, 2012 - 8:11am | 1778Read More...Presidential nominees of either U.S. party can secure economic advice from any economist in the world. This makes it all the more amazing and sad that they choose economists with track records of disastrous policy advice. Bill Clinton chose Robert Rubin, George W. Bush chose Gregory Mankiw,...
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Principal Reduction: To Be Or Not To Be, That Is The Question
Wednesday, April 11, 2012 - 11:48am | 844Read More...“To be, or not to be, that is the question: Whether ’tis Nobler in the mind to suffer The Slings and Arrows of outrageous Fortune, Or to take Arms against a Sea of troubles, And by opposing end them: to die, to sleep” Where is Shakespeare and his logic when we need him?Ed DeMarco, head of...
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For All the King's Kroner: A Question of Leadership and Politics
Saturday, March 31, 2012 - 9:46pm | 2575Read More...Is it time that we have a national discussion on leadership and viable political discourse in America? Given political dysfunctionality in Washington, economic uncertainty ailing everyday citizens, and recent headlines that illustrate sensitive divisions in the US, perhaps a bit more effective...













