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  Thursday, 21 Apr 2011 | 1:47 PM ET

What's Next for the Price of Gas

Posted By: Lori Ann LaRocco
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Every day we see it in the headlines. Four dollar a gallon gas has just hit this city or that one. Concerns over whether this will lead to a consumer crunch are widespread.

Retail Analyst, Brian Sozzi at Wall Street Strategies, recently analyzed the impact of the gasoline prices on discretionary spending.

Sozzi says that right now the consumer has yet to change their spending habits due to rising gas price. But there is an important target price he's looking at that could change that trend.

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  Thursday, 21 Apr 2011 | 1:35 PM ET

Beware the Experts

Posted By: John Carney
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Brand X Pictures | Getty Images

Experts in finance are probably some of the most dangerous people in the world when it comes to forecasting.

Too many of them believe that their unusual accumulations of facts and knowledge about a subject—say, muni debt or mortgages or derivatives—are readily translated into predictions about the future.

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  Thursday, 21 Apr 2011 | 12:44 PM ET

Why Haven't You Sold the Bonds Yet?

Posted By: John Carney

When bond marketing makes for a hilarious internet video, you know there's a credit bubble somewhere.

»Read more
  Thursday, 21 Apr 2011 | 11:12 AM ET

The FDIC Could Not Have 'Resolved' Lehman

Posted By: John Carney
Lehman Brothers
Getty Images
Lehman Brothers

The FDIC recently released a report claiming that the new resolution powers it has under Dodd-Frank would have prevented the disorderly and costly collapse of Lehman Brothers—by effecting an “orderly” resolution.

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  Thursday, 21 Apr 2011 | 10:18 AM ET

Tim Geithner Won’t Default on US Debt

Posted By: John Carney
Timothy Geithner
AP
Timothy Geithner

Much of the discussion over the debt ceiling assumes that the final word on the matter will rest with Capitol Hill lawmakers. A note today from Citigroup analyst Brett Rose suggests that this assumption might not be sound.

Rose argues that the US Treasury Department has several tactics to keep funding government operations and debt obligations in the event that the debt ceiling is reached, according to Business Insider .

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  Thursday, 21 Apr 2011 | 9:13 AM ET

Big Banks Swimming in Cash Still Aren't Lending

Posted By: Julia La Roche
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Ugh!$6 buck gas? [CNBC.com's Jeff Cox]

BP files massive lawsuit against Halliburton, Transocean over oil spill and blast [Reuters]

If big banks are swimming in cash, why aren't they lending? [CNNMoney via Fortune]

Benny and the Press: Bernanke to speak to a room full of journalists today. [WSJ]

China may let the yuan rise [WSJ]

There's a batch of earnings today including GE, McDonald's and Morgan Stanley. Get your earnings coverage here . [CNBC.com]

»Read more
  Wednesday, 20 Apr 2011 | 5:02 PM ET

This Is What the Post-Employee Economy Looks Like

Posted By: John Carney
  Wednesday, 20 Apr 2011 | 4:43 PM ET

A $20 Billion Muni Problem?

Posted By: John Carney
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Simon Willms | Stone | Getty Images

A new paper from Rockfleet Financial argues that claims that municipal debt investors will incur hundreds of billions of dollars of losses are outlandish. Muni default rates, however, are likely to rise above historical levels and cost investors between $10 billion and $20 billion over the next ten years, Rockfleet argues .

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  Wednesday, 20 Apr 2011 | 4:03 PM ET

Immobility and Joblessness

Posted By: John Carney
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The Minneapolis Fed study on the myth of American mobility is meant to put to rest the fear that unemployed workers can’t move to states with stronger job markets , perhaps stalling the economy for years.

I’m not sure it actually accomplishes this.

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  Wednesday, 20 Apr 2011 | 3:53 PM ET

What Happens to Bonds If the Debt Ceiling Isn't Raised?

Posted By: John Carney
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Most folks on Wall Street assume that investors in U.S. government debt will grow skittish as the deadline for raising the debt ceiling approaches, pushing up interest rates. If the debt ceiling is reached without an agreement to raise it, many think interest rates will skyrocket for fear of an impending default.

But things might go exactly the opposite way.

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