Latest Blogs
Sarah Palin to Resign as Governor of Alaska
by: Thomas Grisafi -CNN has broadcast a breaking news announcement that Alaska Governor Sarah Palin is planning to resign withing the month from her office as Alaska's chief executive.
The Palin announcement is bound to set off media speculation about her motivation, At this point, however, the reasons for Palin's resignation are merely conjecture.
Sarah Palin came to national attention when she was chosen as the Republican Vice Presidential candidate, running
...Does Paul Tudor Jones Regret Supporting Obama?
It's a question a lot of preeminent hedge fund managers may be asking themselves as well today.
The hedge fund industry, not just George Soros, was in lockstep with Obama during the 2008 presidential campaign.
According to public records, the
...Inflation: is it Coming... or Going?
Janet Yellen, president of the Federal Reserve Bank of San Francisco, said the Fed must not boost interest rates too quickly on concerns about inflation, or it will risk pushing the economy back into recession.
"I do not believe that there is a r
...Will National Debt be the Next Crisis?
The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It's the national debt.
The country first got into debt to help pay for the Revolutionary War. Growing ever since, the debt stands today at a stagger
...Is Alcoa's Valuation Overstretched?
Shares of Alcoa have more than doubled since the capital raise on March 19 (compared to the S&P 500 strengthening approx 20%), primarily due to: (1) diminished liquidity concerns; (2) improved market sentiment and the reflation trade; and (3) the rec
...Chinese Economy on the Mend
The head of China's central bank said the country's economy was on the mend and expressed confidence that a government target of 8 percent growth this year would be met.
Zhou Xiaochuan, governor of the People's Bank of China, said signs the downtu
...Is The Market Up 29% or Down 40%?
The Dow Jones Industrial Average just finished its best quarter in more than five years. It's up 29 percent since March 9.
Of course we'd all be more excited about that if it weren't still 40 percent below its Oct. 2007 peak.
Which figure matt
...US Natural Gas Reserves Soar
The country's natural gas reserves are much bigger than previously thought, according to a report released yesterday.
Thanks to new technology that has allowed producers to drill for gas in shale rock, the Potential Gas Committee in Golden, Colo.,
...Job Losses Starting to Slow
The pace of U.S. job losses has slowed but the labor market is expected to remain weak, according to reports released overnight.
Automatic Data Processing, a payroll processing firm, said private sector employers cut 473,000 jobs in June, a 2.5% i
...Is Risk Aversion Hurting Commodities?
Commodity prices have been tumbling of late amid a flood of bearish economic data, including an unexpected drop in consumer confidence.
Prices for gold, copper and oil were all lower after a private research group said consumer confidence fell in
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