JC Penney, Best Buy: Symbols of US recovery?
Next emerging market crisis: The Fed?
Everyone knows that investors in U.S. stocks are jittery over Fed tapering, but how does the expected reduction in Fed bond buying affect emerging markets? More than you might think, says CNBC's Rick Santelli. Easy money trickles into all sorts of out-of-the-way places, and when it's no longer there, those companies and industries may suffer. So, investors beware.
"The mouse traps are snapping. ... It might be time to play a little defense."—CNBC's Rick Santelli
Obama prods regulators to, well, regulate
Remember "too big to fail"? Well, the issue's still with us, because regulators have a long way to go to finish writing the new rules required by the 2010 Dodd-Frank financial reform law. President Barack Obama met with a raft of regulators to urge them along. Since the big banks are even bigger than they were before the financial crisis, critics worry about a continuing risk of financial contagion.
Among the key rules still not finished are the Volcker Rule limiting risky investments by banks, rules setting standards for prudent financial behavior, capital requirements and margin limits for derivatives.
"More work needs to be done."—White House spokesman Josh Earnest
And another thing....
As if Tesla needed any more positive press ... On Monday, we mentioned the popularity of the Tesla S electric car, so here's an addendum: it's also safe. Really safe. The company says the government gave the car the highest rating ever given. Thank the fact that the electric car doesn't have a large gasoline engine block.
"There will be a segment of the population that will find the safety issue a compelling reason to buy the car."—Theodore O'Neill, managing director at research firm Litchfield Hills Research
—By Jeff Brown, Special to CNBC.com.