I'm hearing that a very large energy trader--one of largest, actually--took a huge short position yesterday in two oil ETFS--Energy Select Sector SPDR and Oil Service HOLDRs and he's added to those shorts as this market sells off this morning.    Read More

Some notable quotes from last night's Kudlow & Company: "[If Obama is the Democratic nominee] this is going to be -- ideologically -- the greatest distinction that we’ve had in candidates since the 1980 election when Jimmy Carter ran against Reagan." And much more...   Read More

Following is the unofficial transcript of a FIRST ON CNBC interview with Senator Barack Obama on CNBC's "Closing Bell."    Read More

One of the great, unchallenged, political assertions out there right now is that NAFTA costs American jobs. Hill-Bama busied themselves with this protectionist canard during their debate last night. It happens to be nonsense.    Read More

While a panel discusses the interdependence of world economies and a lesser reliance on the U.S. consumer to drive growth, the financial and investing gurus in the hall watch stocks tumble on the prospect of a U.S. recession.   Read More