Financial

The war on cash is escalating. Just a week ago, the infamous Willem Buiter, along with Ken Rogoff, voiced their support for a restriction (or ban altogether) on the use …

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Podcast: Play in new window | Play in new window (Duration: 13:15 — 6.1MB) DOW + 20 = 18,058 SPX + 4 = 2112 NAS + 20 = 5056 10 …

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Surprisingly, markets are treading water here. The dollar, interest rates, and stocks are all oscillating in a narrow range. In some ways, this is surprising. It does not shock me …

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In the game of pin the tail on the number, today’s release on new home sales was a big miss. Wall Street conomists had expected a seasonally adjusted annualized number …

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Energy and Healthcare have strongest relative asset flows among stock sectors Energy sector appears to be in accumulation stage Healthcare marches on Info Technology shows above average asset flow strength, …

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This morning’s release of the March New Single-Family Homes Sales from the Census Bureau at 481K disappointed expectations, although the sales for the previous month were revised upward. The actual …

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The war on cash is a growing collection of laws and banking regulations that discourage or prevent citizens from doing business in physical currency. Last month, we reported on new laws in …

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The Bloomberg consensus estimate for new homes sales was an overly-optimistic 518,000. Instead, it’s bad news again as new home sales fell a very steep 11.4 percent to a 481,000 annual rate.  …

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Abbvie (ABBV) and NASDAQ OMX (NDAQ) released their earnings reports this morning before opening bell. Abbvie reported adjusted earnings of 94 cents per share, a 32.4% increase which exceeded management’s …

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Sometimes the soberest, most rational analysis can be replaced with a simple fairy tale. And that is the point we’ve reached in Greece’s on-again / off-again sovereign debt crisis. It’s …

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