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  Thursday, 3 Feb 2011 | 10:30 AM ET

Jim Rogers Loves Him Some Food (Inflation)

Posted By: Nicole Lapin
Nicole Lapin with Jim Rogers
Nicole Lapin with Jim Rogers

It's no big surprise that Mr. Rogers likes him some food. In fact, he doesn't come on my show unless I bring out a royal breakfast spread.

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  Thursday, 3 Feb 2011 | 9:58 AM ET

Chaos, Chaos Theory, Egypt

Posted By: Ash Bennington
Protestors stand with a soldier as he waves an Egyptian flag on an army tank in Tahrir Square on January 29, 2011 in Cairo, Egypt.
Getty Images
Protestors stand with a soldier as he waves an Egyptian flag on an army tank in Tahrir Square on January 29, 2011 in Cairo, Egypt.

Today's theme is chaos.

I wrote earlier about the difficulty in predicting the future structure and alliances of the Egyptian military. And of the fundamental unknowability of weather.

To begin—quite literally—at the beginning: Chaos was the dark void from which universe arose in classical Greek cosmogony—as Ovid reminds us: "unfashion'd and unfram'd"—containing numberless seeds for the future.

So too of Egypt.

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  Thursday, 3 Feb 2011 | 9:33 AM ET

Deutsche Bank Tops Goldman Sachs as The Biggest Spender on Wall Street

Posted By: Ash Bennington

Violence in Egypt increasing: Gunfire breaks out in Tahrir Square. [Wall Street Journal]

Simon Johnson:"The Ruinous Fiscal Impact of Big Banks". [Economix]

ECB keeps rates at 1 percent—despite rising inflation fears. [CNBC via Reuters]

Deutsche Bank tops Goldman Sachs as the biggest spender on Wall Street: DB Bankers got an average 500K last year. [CNBC via Reuters]

Steve Cohen tells investors to relax: SAC capital will not suffer a financial impact as a result of the latest insider trading probe. [FT]

Is El Baradei a credible future leader of Egypt? [Wall Street Journal]

Gallup polls Egyptians & Tunisians about 'wellbeing'. [Gallup—Hat Tip Felx Salmon]

Representing yourself in foreclosure —many have little choice. [NY Times]

IPOs are rebounding. [Bespokeinvest—Hat Tip Abnormal Returns]

The Arab world watches Cairo. [NY Times]

»Read more
  Thursday, 3 Feb 2011 | 7:40 AM ET

Obamacare: Why Calling The Individual Mandate A Tax Won't Save It

Posted By: John Carney
American healthcare reform
Travelif | Photodisc | Getty Images
American healthcare reform

Now that the constitutionality of the individual mandate under the Commerce Clause has come under fire, proponents of Obamacare are attempting to shift the debate onto what they view as friendlier ground—the broader power of Congress to impose taxes.

Ezra Klein sums up this line of argument pretty well :

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  Wednesday, 2 Feb 2011 | 5:19 PM ET

The SEC and S-E-X — Like, of The Online Variety

Posted By: Ash Bennington
  Wednesday, 2 Feb 2011 | 4:06 PM ET

How to Beat the Government—At Lotto

Posted By: Ash Bennington

Admit it: It's fun to game the system.

Not to mention—in this economy especially—everyone needs a backup plan. \(If you require further proof on that point, see our colleague Jeff Cox's terrific article about Bill Gross —for some truly disturbing insights into how screwed up things really are.\)

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  Wednesday, 2 Feb 2011 | 3:45 PM ET

In Search of Volatility

Posted By: Lori Spechler
Getty Images

Governments toppling across the Middle East, riots, floods in Australia, continued banking issues across the globe… none of those “events” have been able to get a sustained rise out of the VIX this year. Should investors care?

Richard Repetto, Principal at Sandler O’Neill Partners was on Squawk Box and said that the VIX, commonly referred to as the “fear gauge” tends to go down as markets go up and over the past year... the S&P 500 has gained about 18-percent while the VIX has declined about 19 percent. In other words, investors tend to be more complacent when they are making money.

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  Wednesday, 2 Feb 2011 | 3:23 PM ET

Real Health Care Reform: Americans Need to Start Drinking More

Posted By: John Carney
Glass of Whiskey
Jonnie Miles | Getty Images
Glass of Whiskey

Americans are drinking too few alcoholic drinks.

That’s the way we read the data presented by Stan Peele in today’s Wall Street Journal .

The national Survey on Drug Use and Health says that only 55 percent of 50-year-olds have had a drink in the past month. If they asked about how many drink daily, that number would be far lower.

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  Wednesday, 2 Feb 2011 | 3:21 PM ET

Amid Chaos, Lots of Trades in Egypt ETF

Posted By: John Carney

The exchange-traded fund that aims to track the Egyptian stock market is on fire again today.

The one year old Market Vectors Egypt Index ETF is normally thinly traded—with less than 100,000 shares trading hands each day. Today it has seen volume near 700,000. It may exceed Friday’s record volume of 1.2 million shares.

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  Wednesday, 2 Feb 2011 | 2:56 PM ET

Fed to Start Tightening as QE2 Runs Out: LaVorgna

Posted By: Jeff Cox

The Fed will begin a tightening of monetary policy after its quantitative easing program ends in June, with a gradual increasing of interest rates by the end of 2011 and into the following year, according to Deutsche Bank’s Joe VaVorgna.

With the second leg of the Fed’s QE program to run out in June, after it purchases another $600 billion of Treasurys to expand its balance sheet to nearly $3 trillion, it will then be faced with a tough choice of how to proceed.

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