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
Congress is back in session and with the Mid-terms less than two months away we are going to be in for a very colorful "news cycle" as we journalists like to call it.
I love politics. And since the fall of Bear Stearns and Lehman, the relationship between government and business has never been so intertwined. In fact for better or worse, they are double or triple knotted.
The election is all about "the economy" again and many Americans are not happy with the state of our nation. The jobs picture and slow recovery have many voters upset and worried about their future.
Businesses are on the sidelines when it comes to hiring because of the uncertainty being created by government policy. Its a mess. I decided to dish politics with Steve Forbes, former Presidential Candidate and CEO of Forbes.
To kick off the political flavor of the week, we dove right into the battle over the Bush Tax Cuts.
Here's Where This Market Stands Up Among The Dow's 16 Historical Recoveries \(Business Insider\) We just moved up to 7th place!
As we mark the second anniversary of the Lehman bankruptcy and the AIG bailout, I am reminded of a joke that economists tell about themselves that goes something like this:
A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore. The physicist says, “Let’s smash the can open with a rock.” The chemist says, “Let’s build a fire and heat the can first.” The economist says, “Let’s assume that we have a can-opener.”
Two years after Lehman’s catastrophic failure and the improvised rescue of AIG, the Administration has provided the American people with its own version of the “assume a can-opener” joke that goes something like this: To resolve a failing firm in an orderly manner, we need a resolution authority. How would the resolution authority work? By resolving a failing firm in an orderly manner.
While we’re flattered by the sentiment, this is really a bad idea. Trust me.
Investor sentiment over the past several weeks has been, in a word, weird.
It’s not enough that those bullish on the market have doubled (from 21 percent to 44 percent) over the past two weeks, according to the latest survey from the American Association of Independent Investors .
A recent report reveals Treasury Secretary Timothy Geithner met more times with Goldman Sachs CEO Lloyd Blankfein than with Congressional leaders since Geithner took the position in January of 2009 to March 2010.
The article in theHuffington Post takes a few jabs at Geither, insinuating that he was doing a pretty lousy job during a time when Congress was fumbling through financial regulation legislation, which Geithner played a key role in creating.
Given the anniversary of the financial crisis and Basel III are in the news this week, I decided to open up my Rolodex and speak with one of my great go-to financial experts.
Stephen Crawford, former co-president of Morgan Stanley and partner of financial advisory boutique firm Centerview Partners is one executive who has his pulse on the economy and financial services industry.
These days almost everyone seems to agree that we need to spend more on infrastructure. But there’s really not much evidence for this idea.
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.