In a few years the rate of money flow and inflation will start to catch up to each other, eventually sparking a recession, a new analysis from Dick Bove said.» Read More
Tim Geithner will probably be tossed out of the Obama administration following the midterm elections.
Nicole Lapin, of CNBC's Worldwide Exchange, explains what she's long and what she's short this week.
Former Merrill Lynch executives have put plans to buy their old firm on hold, according to people familiar with the matter.
Jobless Jump. New Claims Rise; Last Week’s Numbers Revised Slightly Downward(CNBC)
The drum beat toward the mid-term elections is quickening: 39 days and counting folks!
The disgust over the state of our nation's politicians can be heard on grocery store lines and around water coolers in our great nation.
The uncertainty over the election outcome is still there and investors are waging on a big GOP win. But is that the safe bet?
I decided to talk to one of my contacts who has seen his share of economic uncertainty—Jack Bogle, Founder of Vanguard and the author of a new book "Reflections on Investment Illusions, Indexing, Capitalism, "Mutual" Funds, , Idealism, and More ". We started off our discussion looking at how capitalism has changed. I asked him how does he define capitalism now.
Dick Bove published an open letter today where he analyzed the root causes of the financial crisis — and concluded with an assessment that Larry Summers, then Director of the National Economic Council, was “not effective in his position.”
Bove writes that the problems in housing and on Wall Street were the result — not the cause of — the financial crisis. Instead, Bove argues, the source of the financial collapse was economic policies that led to excessive consumption, and insufficient production, in economic mix. (In his view, our trade imbalance led U.S. consumers to borrow money to buy foreign goods; the foreign beneficiaries of our trade policy then lent that money back to us, where we proceeded to overinflate the cost of housing with borrowed capital.)
Economists, strategists and Helicopter Ben Bernanke may not think much of inflation these days, but investors—well, that’s another story.
A look at equity fund movements is showing a clear preference for stuff you can hold in your hands or run your fingers through or just feel beneath your feet — in other words, classic inflation plays.
Indeed, precious metals and real estate are all the rage.
Real estate funds are tops in terms of asset preference this year in the specialty equity fund category, according to the latest weekly data from TrimTabs. They are followed closely by precious metals funds.
The question of whether an ETF can collapse is the focus of a fascinating new report by Bogan Associates, an under-the-radar investment firm in Boston.
Its the classic jumping of the gun — just when people start uttering the cliched words could they be seeing the "light at the end of the tunnel" in the real estate market, some economic data elongates the tunnel that the real estate market is in.
Personally, I hate jumping to conclusions and I find it funny after the financial crisis so many people still do. I guess they haven't learned; or they're blinded by hope.
I wasn't too surprised when I saw the data that while housing starts jumped 10.5% in August there was a huge disparity between multifamly and new single-family homes. Why? Because I listen to my contacts.
Richard LeFrak who was on Squawk Box not too long ago was telling me how strong the multi-family market was we even had a segment on air about. The trend he was seeing was so strong he acquired three thousand units on the West Coast over the Summer.
In a few years the rate of money flow and inflation will start to catch up to each other, causing a recession, analysis from Dick Bove said.
Turney Duff tells the story of his spectacular rise and fall on Wall Street in his book, “The Buy Side.” In this Q&A, he talks about how life is different now — and his biggest regret.
Stock valuations are "not excessive," but they're "not cheap" either, Wells Capital's James Paulsen tells CNBC.