Bill Ackman is known for going all-in on his investments, and he's putting it all on Michael Bloomberg.» Read More
As government economists and Fed apologists continue to dismiss inflation pressures, the fear that easy money and commodity pressures are about to come home to roost is building.
While Michael Pento at Euro Pacific Capital and a handful of others have been pounding the table about inflation ever since the Federal Reserve began quantitative easing, the sentiment is beginning to spread.
Contrarian investors are rapidly becoming the Maytag repairmen of the stock market.
Remember the old commercials? The sullen maintenance man, left standing alone in a desolate workroom, unable to do his job because none of the eminently efficient machines were breaking down?
Such is the position of the market contrarians.
The mass protests from state workers in Wisconsin and the revolt by Democrats in the state Senate should set off alarm bells for investors in municipal bonds.
One of the strongest arguments against fears of a wave of muni bond defaults is that state governments will be able to reign in their need to accumulate debt before a crisis develops. That would require states to reign in spending—especially health care spending—and pension fund obligations.
Jamie Dimon has just been voted the most eligible CEO on Wall Street by Investor Relations magazine.
\(Well, what actually happened is that Jamie Dimon ranked first, among Wall Street CEOs, in a survey of 800 equity analysts and portfolio managers in a US investor perception study, which "underpins the IR Magazine US Awards". But that's just too boring for me to write for a lede without wanting to hang myself.\)
Steve Jobs—who is on medical leave of absence from Apple, and was recently photographed outside the Stanford Cancer Center—on Monday destroyed a Woodside, California mansion he bought in the 1980s.
Jobs has reportedly been trying to destroy the Spanish-style mansion for decades.
But the fact that he went ahead with the destruction despite his illness is a testament to the optimism and determination of the Apple CEO.
The first question anyone should ask about a change to how elections—whether for governments or corporations—are conducted is whether the results will be better government or worse.
The next question is whether the proposal makes the government or board of directors more representative of the preferences of the voters or less.
For many sporting and music fans, live events are a must. But rising ticket prices and a fragile economic recovery have made attending live events prohibitively expensive for some. Saturday is NASCAR's coveted Daytona 500 but if you want to go, the access comes at a hefty price.
What if you could bid and buy those tickets at a discount? That's the business strategy behind a new online ticket seller. The company is called ScoreBig and I decided to speak with the CEO of the company, Adam Kanner.
Before Scorebig he was the Vice President of Relationship Marketing and Business Development for the NBA leading all global direct customer relationships for the NBA, WNBA and D-League.
Bernanke defends US monetary policy. [CNBC via Reuters]
Sorry we haven’t been waking up together for a few days- hope this holds you over this weekend. Don’t be jealous— it’s already the weekend in Asia…but they have to work on Monday, so bam!
Investors looking for direction shouldn't expect to receive good news on the earnings front, Mike Thompson said.
The central bank is showing some serious deference to the folks making the financial world move.
U.S. Democratic presidential candidate Hillary Clinton will propose a tax on high-frequency trading, her campaign said.