John Melloy was the executive producer of CNBC's "Fast Money" and the "Fast Money Halftime Report" until October 2013. Before returning to CNBC, he was chief executive officer of StockTwits.com, the leading social networking platform for stocks. He began his career at Bloomberg News in 1999 and rose to team leader of U.S. stock market coverage there before leaving for CNBC in 2006 to launch "Fast Money."
Gold will more than triple to $5,000 an ounce because of a lack of supply, not just because of a surge in demand, a report by Standard Chartered predicts.
This month, the battle over raising the country’s debt ceiling is likely to be a nice preview of the bipartisan budget battle that will rage until the final moments of Election Day, 2012.
Municipal bond funds had their first weekly inflow since Meredith Whitney’s infamous December appearance on “60 Minutes,” where the analyst predicted that up to 100 muni bond defaults would cost investors in this traditionally conservative marketplace billions.
President Obama is once again hinting that he may be willing to tap the SPR, which holds almost 727 million barrels of crude. But if he does, the message he may unintentionally send about the US economy, could do much more harm than good.
“Groupon and the rest of the industry has grown so rapidly because, for the first time in history, merchants can leverage the Internet in scale,” says one analyst. “The deal commerce space is going to be massive.”
Many traders are choosing gold and silver as a refuge over stocks right now. Are these precious metals really that much more valuable?
Squeezed on both sides by stagnant wages and rising prices, consumers believe the chances of bringing home more money one year from now are at their lowest in 25 years, according to analysis of survey data by Goldman Sachs.
“There is one bet right now: Bernanke will bail out the world,” says one market pro. “If that does not happen, then no investment will be safe.”
Despite a tepid performance in November, the stock market is once again trading within striking distance of its all-time high reached in May.
Six traders are each given a theoretical $100,000 to invest in five securities. Track their trades and portfolio performance over the course of the year and read the analysis behind their moves.
Fourteen fund managers are given $100,000 to invest over 2015. Follow their buys, their sells, their winners, their losers and get inside what makes them some of the smartest investors on the planet.
Goldman Sachs has identified oil storage as a problem that could be a 2016 risk to credit and risk assets in general.
Ahead of one of the biggest shopping days, a group of retail companies could see their shares rise, if history is any guide.
Goldman Sachs recommends 10 momentum stocks that will continue to lead bull market as rest of the market flounders.