Experts are predicting fewer consumer bankruptcies in the new year.
If true, that's pretty good news right?
Maybe—or maybe not.
Some of 2014's biggest winners are slated to share their next big ideas at this year's Delivering Alpha Conference.» Read More
The annualized rate of inflation in the Eurozone for December came in today at 2.2 percent.
That number is slightly ahead of estimates—expectations were 2.1 percent—and also slightly higher than the previous annualized rate for November, which was 1.9 percent.
Izabella Kaminska, of the Financial Times blog Alphaville, takes up the story . As she points out:
The year 2010 was not a stellar year for job creation, and while the United States is back on the road to recovery, a big question mark hangs over the jobs market.
Since May of 2009, unemployment has been above 9 percent — and, by some estimates, the actual unemployment rate has been nearly fifty percent higher.
To get a pulse check on job creation, I decided to ask Gary Burnison, CEO of Korn/Ferry the world's largest executive recruiting firm, if 2011 will be the year for jobs.
There's nothing like buyer's remorse when it comes to stocks.
Retail stocks appeared to be a screaming "Buy" leading up to the holiday shopping season—but now analysts are downgrading some of the best-known names.
"There are unknowns regarding cotton costs and labor costs, and on the food/mass [production]/drug side, there's a threat coming from three dollar per gallon gas. With these in place, how could anybody get cozy with rosy," said Richard Hastings, Global Hunter Securities Macro and Consumer Strategist.
New Congress, New House Majority Party, New Style (Wall Street Journal) "When John Boehner takes over one of the most powerful jobs in Washington this week, he says his first order of business is to make himself less powerful. On Wednesday the new speaker of the House of Representatives plans to offer a package of rule changes that, he says, will give minority-party members more of a say and decentralize power. In short, Ohio Republican Mr. Boehner is promising he'll be a different figure from many speakers throughout history—from Republican Joseph Cannon a century ago to his immediate predecessor, Democrat Nancy Pelosi—who kept a tighter leash.But there's a reason so many speakers try to keep close control: It works."
Half Billion in Cash Offers Facebook Independence, Privacy \(New York Times DealBook\) "In Silicon Valley, going public used to be the ultimate rite of passage for a start-up — a sign it had arrived. No more. With its $500 million infusion from Goldman Sachs and other investors, Facebook is now flush with cash, and a market value of about $50 billion, giving it the financial muscle it needs to compete with better-heeled rivals like Google."
"Sure, Stocks Are Rallying, But Are Investors Too Bullish?" (CNBC) CNBC's Jeff Cox handicaps the rally in equities: "The stock market's path to prosperous times ahead is unlikely to be smooth, with increasing volatility along the way and hazards both domestic and foreign. While the new year begins with most strategists expecting big things, a recurring theme is that investor complacency is nearing an end. The market's main fear gauge, the CBOE Volatility Index is just above its holiday season lows and around a level last seen in April 2010, before sovereign debt concerns drove a summer-long slump in stocks."
Dow at 24 Month High (Wall Street Journal) "Stocks started 2011 with a bang Monday, reaching fresh two-year closing highs as improved manufacturing and construction data boosted investors' outlook for the economy. The Dow Jones Industrial Average jumped 93.24 points, or 0.8%, to 11670.75, its highest close since Aug. 28, 2008. The climb represented the measure's biggest move since Dec. 3, the third time in a row it rose on the first trading day of the year and its seventh gain in the past nine sessions."
Manufacturing Numbers Rise for 17th Straight Month \(Financial Times\) "The US manufacturing sector grew in December for the 17th straight month, boosting hopes that the economic recovery is gathering pace following other upbeat reports about manufacturing in the eurozone, Taiwan and South Korea. The Institute of Supply Management’s purchasing manager’s index rose to 57 from 56.6 in November, slightly below the 57.2 expected by analysts surveyed by Bloomberg. Readings greater than 50 signal expansion."
Betting on when old people will die is creepy.
It was also, until recently, big business.
And now, it seems, that everyone who participated in this morally repulsive game is suing everyone else.
Investing in 2010 was even easier than it looked: All you really needed to do was own 12 stocks out of the 630 that make up the three major indices. But if you didn’t have them in your portfolio, you whiffed big time.
While the Standard & Poor’s 500 gained 11.5 percent, the Dow Jones industrials rose 10 percent and the Nasdaq was up 15.8 percent, most of the gains were concentrated in just a handful of stocks.
Congress is back in session this week and the brawl on the hill over health care reform will officially be on once the GOP takes control of the House.
Talk of rescinding the health care law to starving funding for it are rampant in the new Congress. So what does that mean for investors who are investing in the health care sector?
I decided to ask Wilbur Ross, Chairman and CEO of WL Ross & Co.
In July of 2010, Ross along with Edwin “Mac” Crawford, former chairman of CVSCaremark , teamed up to form a joint venture looking to invest in the health care sector with a focus on service providers rather than products. WL Ross committed more than $1 billion to the partnership.
I got right to it asking both of them if this cloud of uncertainty hanging over the sector is dampening his optimism on investing opportunities.
CNBC's Patti Domm and Jeff Cox discuss the jobs report and the current dilemma of long-term unemployment.
CNBC's Patti Domm and Jeff Cox discuss the recent GDP numbers and what factors have been affecting it.
Investors give and investors take away, and nowhere has that been more true lately than in value stocks.
When do we get off this treadmill, where central banks believe it's their job to not only provide stability but also boost asset prices?
Former star trader Raj Mahal breaks down what really goes on in a trader's brain, from being a pint-sized hustler to winning big at the casino.
Though inflation pressures remain fairly muted for now, Pimco believes it's time for investors to prepare for what's ahead.