Wall Street's stock market mania officially has gone full-throttle as JPMorgan raised its year-end price target for the Standard & Poor's 500 to 1,715.
Billionaire investor Jim Rogers told CNBC's "The Kudlow Report" that the stock rally is just the result of ultra-easy monetary policy by the world's central banks.
Depending on your point of view, global central bank policies either are going to imperil financial markets or simply send prices to a place beyond imagination. The answer, though, could be both.
Google Executive Chairman Eric Schmidt is selling roughly 42 percent of his stake in the Internet search company, a move that could potentially net the former chief executive a $2.51 billion windfall.
With the Federal Reserve and now Bank of Japan printing massive amounts of money, billionaire investor Jim Rogers told CNBC he is shorting U.S. government debt.
After hedge fund manager David Einhorn defended his proposal for that Apple offer preferred shares Cramer's immediate reaction was to ask, "What the heck was he talking about?"