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...
Author : Wall Street Pit
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...
Health Care Premiums: Bend Over ‘n Brace Yourself
I guess we might soon expect Ben Bernanke and his pals at the Federal Reserve to discount the cost of health care from the core...
Labor Torpedoes Immigration Reform
Can you have immigration reform without a viable worker visa program? I...hink...hat most would answer no. Without a scheme...hat provides guest workers sufficient...o meet...he needs...