Get Ready In Neonatal ICU When ‘Affordable Care’ Is Born
There are nine months left until most of the important provisions of the Affordable Care Act go into effect. That’s enough time to make a...
Author : Wall Street Pit
Bank of America (BAC) Still Paying for Merrill Buyout via Lawsuits
Bank of America (BAC) has to pay a $2.43B settlement for a class action lawsuit over its buyout of Merrill Lynch. Consider also that BofA...
Futures Tank After Weak Jobs Report
US stock futures are sharply lower Friday morning after a dismal jobs report. The US economy was expected to add 190,000 jobs in March, but...
Euro-da-Fé
(Brussels) Nonplussed by this week’s unemployment report showing the Eurozone jobless rate rising to an unprecedented 12%, members of the European Parliament and Europe’s national...
Apple Removed from Goldman’s “Conviction Buy” List
Analysts at Goldman Sachs (GS) have removed Apple (AAPL)’s stock from Americas Conviction Buy List, and cut the iPhone-maker’s price target from $660 to $575....
Shanghai Index’s Underperformance
Imagine two countries. In one, the economy grows slowly and its stock market moves at a similar pace. The other country’s economy grows by leaps...
Zuckerberg’s $1 Billion Consumption Tax Payment
When you study economics you find out that lots of things average people believe just aren’t so. You learn that inflation is caused by monetary...
How Obama Goosed the Jobs Numbers
As long as I can remember, people have always complained about the accuracy of government-reported statistics and claims. For instance, every year, the government reports...
Be Wary of Re-Focus on European Instability
The market opened lower this morning after news of a weak Italian debt auction but was able to rally back to near the flat line....
Robert Shiller Concerned About Drop in Home Prices
Case-Shiller Index co-author Robert Shiller spoke with FOX Business Network (FBN) about his concerns surrounding homeownership. Shiller said he thinks the mortgage interest deduction “looks...