-
Stanley Druckenmiller: 'We're Taking A Terrible Risk-Reward In Terms Of Zero Rates'
Friday, April 17, 2015 - 1:42pm | 481In the past few months, there has been a lot of debate among investors and policy makers regarding whether it's the appropriate time for the Federal Reserve to start raising rates. Many believe if the Fed continues to keep rates low even after the continuous improvement in the U.S. economy,...
-
Ron Paul On Impending Economic Crisis: 'Just Look At The Chaos'
Wednesday, April 15, 2015 - 1:02pm | 363Not even a decade has passed since the financial crisis of 2007-2008, but according to former Congressman Ron Paul, the world should start preparing itself for the next financial crisis, which will see the collapse of paper money. Paul was on CNBC recently to explain why he thinks the next...
-
JMP Securities' M&A Stock Plays
Thursday, April 2, 2015 - 2:27pm | 391A new report by JMP Securities looked at the current merger and acquisition environment and what it means for independent advisory firms (IAFs). Analysts believe that a recent rebound in M&A activity is a positive for the space. Slow Start After a slow start to 2015, analysts note that M...
-
Have Big Banks Fully Recovered From The Financial Crisis?
Tuesday, March 10, 2015 - 11:44am | 675The current bull market turned six years old on Monday, and it seems appropriate to take a look back and see how far stocks have come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six...
-
How Has The Bull Market Treated 4 Of 2009's Biggest Tech Names?
Tuesday, March 10, 2015 - 7:26am | 583The bull market run turned six years old on Monday, and it seems appropriate to take a look back and see how far it has come since the S&P 500 hit a Financial Crisis low of 676.53 on March 9, 2009. The S&P itself has more than tripled in value, up about 207 percent in those six years....
-
The Pros And Cons Of Lifetime Annuities
Monday, March 9, 2015 - 2:37pm | 563One of the biggest fears among the aging population is outliving retirement savings. The cost of modern living coupled with the miracles of modern medical technology means that money could eventually get tight if retirees live far beyond their retirement age. However, one popular financial...
-
UPDATE: Keefe, Bruyette & Woods Downgrades U.S. Bancorp Due To Valuation Concerns
Monday, December 8, 2014 - 10:20am | 224Christopher Mutascio of Keefe, Bruyette & Woods downgraded shares of U.S. Bancorp (NYSE: USB) on Monday to Underperform from Market Perform with a newly established $44 price target. “We still view the company as a high-quality franchise led by a strong management team,” Mutascio wrote in a...
-
This Pulitzer Prize Winner Says Wall Street Hasn't Changed Since The Financial Crisis
Friday, November 21, 2014 - 2:08pm | 396In 2011, financial journalist Jesse Eisinger won a Pulitzer Prize for National Reporting with Jake Bernstein for a series of stories on questionable Wall Street practices that contributed to the financial crisis. Since the crisis and series of stories, he said Wall Street practices have not...
-
How A Bank Stress Test Works
Thursday, October 30, 2014 - 10:12am | 942Recently released European Banking Authority (EBA) stress test results have many banks breathing a sigh of relief and some banks feeling a world of pain. While stress tests like this one are certainly helpful when it comes to easing fears about a future financial crisis, many investors have no...
-
Is It Time To Sell The Rips Instead Of Buying The Dips?
Friday, April 11, 2014 - 12:15pm | 637During major sell-offs over the last few years, the mainstream media will feature guests or analysts that preach “buy the dip.” It is hard to argue that this strategy has not been profitable, as the market has continued with its impressive run. These are many of same analysts, however, that said...
-
U.S. Plans to Sell Remaining 31.1 Million Shares of General Motors
Thursday, November 21, 2013 - 2:06pm | 253In 2009 The United States Treasury, under the directive of President Obama, invested over $50 billion to save General Motors (NYSE: GM) following the company's bankruptcy filing. The U.S. government's stake of ownership amounted to over 60 percent of the company, giving the Detroit-based automaker...
-
L. Brooks Patterson: Oakland County Is A 'Job Creating Juggernaut'
Monday, July 29, 2013 - 2:44pm | 995Oakland County is located just to the northwest of Wayne County, home of Detroit in Southeastern Michigan. As the city of Detroit goes through the largest city bankruptcy in U.S. history, Oakland County is flourishing, attracting more residents and adapting to the modern economy. Bloomberg...
-
9 European Financial Crises You MUST Know, Now!
Wednesday, June 6, 2012 - 11:52am | 503We are cutting right to the chase today. The re-emergence of the EU financial crisis as a ginormous risk to your personal wealth is going on two plus months. As of late, we have begun to see the same terms being used by Wall Street pros to explain the developments (sound smart: news flow),...
-
Bank of America: the Gift that Keeps on Giving
Monday, June 4, 2012 - 1:47pm | 176Can Bank of America (NYSE: BAC) ever catch a break? Apparently not, because now a class-action lawsuit has been filed citing that the firm did not disclose material information relating to the magnitude of the losses at Merrill Lynch, just days before Bank of America shareholders were set to vote...
-
Romney's Lead Economist Urges Policies that will Cause the Next Financial Crisis
Monday, April 16, 2012 - 8:11am | 1778Presidential nominees of either U.S. party can secure economic advice from any economist in the world. This makes it all the more amazing and sad that they choose economists with track records of disastrous policy advice. Bill Clinton chose Robert Rubin, George W. Bush chose Gregory Mankiw,...