Top News
Fri Jan 27
HOUSE OF THE DAY: At $65 Million, This Is The NEW Most Expensive Co-Op On The Market In New York City
Clusterstock [MARKET]
Denise Rich, the celebrity songwriter who has written music for such notables as Celine Dion, Jessica Simpson, and Diana Ross, is putting her Fifth Avenue penthouse apartment up for sale, reports Jennifer Gould Keil for The New York Post. Rich is asking for $65 million, making this apartment the most expensive co-op to ever reach the New York selling block. This luxurious co-op features an upper-level grand salon, a wrap-around terrace with a stunning view of Central Park, and a profession [...]
Clusterstock [MARKET]
Denise Rich, the celebrity songwriter who has written music for such notables as Celine Dion, Jessica Simpson, and Diana Ross, is putting her Fifth Avenue penthouse apartment up for sale, reports Jennifer Gould Keil for The New York Post. Rich is asking for $65 million, making this apartment the most expensive co-op to ever reach the New York selling block. This luxurious co-op features an upper-level grand salon, a wrap-around terrace with a stunning view of Central Park, and a profession [...]
Fri Jan 27
Huffingtonpost [DAVOS]
Amid the heaviest snowfall in Davos for decades, IMF chief Christine Lagarde has been making her case for urgent action to resolve the eurozone crisis, which is at the center of current global economic concerns. The Fund recently sharply revised downward its forecast for global economic growth and in a speech in Berlin Lagarde mapped a way forward. Policy priorities Lagarde has taken her messages to the Alpine resort in Switzerland, where global leaders are gathered for the 42nd Annual Meeti [...]
Fri Jan 27
Feeds.americanpublicmedia.org [GDP]
A review of the weeks biggest business headlines including: GDP growth, Europe and news from the World Economic Forum in Davos, Switzerland. [...]
Fri Jan 27
A Golden Solution to a Global Crisis
Fso [GOLD]
After an extremely volatile and mixed 2011, gold and especially silver are off to a very positive start in 2012. Last year both metals achieved new price highs which were followed by violent... [...]
Fso [GOLD]
After an extremely volatile and mixed 2011, gold and especially silver are off to a very positive start in 2012. Last year both metals achieved new price highs which were followed by violent... [...]
Thu Jan 26
Financials Have Worst Day Of Year As Fed Is Faded
Zerohedge [YEAR]
We noted last night that heavy and large average trade size was going through after the cash market close in S&P futures and it seemed overnight we needed one more push to flush out some more chasers before todays less than euphoric macro prints (aside from CFNAIs market-centric index) stalled the Fed-induced excitement. Financials had their worst day of the year (worst performing sector 2 days in a row), down just under 1 as did the Tech and Energy sectors as Utilities were best once agai [...]
Zerohedge [YEAR]
We noted last night that heavy and large average trade size was going through after the cash market close in S&P futures and it seemed overnight we needed one more push to flush out some more chasers before todays less than euphoric macro prints (aside from CFNAIs market-centric index) stalled the Fed-induced excitement. Financials had their worst day of the year (worst performing sector 2 days in a row), down just under 1 as did the Tech and Energy sectors as Utilities were best once agai [...]
Fri Jan 27
Huffingtonpost [JUST]
This post was written by Bill Allison, editorial director of the Sunlight Foundation. Billionaire casino mogul Sheldon Adelson and his wife, Miriam, who have reportedly given a combined $10 million to Winning Our Future, the super PAC that supports and is run by former staffers of Republican presidential candidate Newt Gingrich, were reportedly drawn to him by a shared view of the importance of the U.S. relationship to Israel. But a review of public records by Sunlight suggests that the coup [...]
Sat Jan 28
Experts Are Terrified By Greece And Its Debt Problems
Clusterstock [DEBT]
NEW YORK (AP) - Remember Greece? Its been two years since a financial crisis erupted in the birthplace of drama, and the final act is still unfinished. A second week of talks in Athens ended Friday with no deal between the country, the European Union and private holders of Greek bonds. Remarkably, even after the crisis became such an international worry last year that the leaders of France and Germany were actually referred to as "Merkozy," the European debt bomb could still expl [...]
Clusterstock [DEBT]
NEW YORK (AP) - Remember Greece? Its been two years since a financial crisis erupted in the birthplace of drama, and the final act is still unfinished. A second week of talks in Athens ended Friday with no deal between the country, the European Union and private holders of Greek bonds. Remarkably, even after the crisis became such an international worry last year that the leaders of France and Germany were actually referred to as "Merkozy," the European debt bomb could still expl [...]
Sat Jan 28
“The inherently symbiotic relationship between banks and governments recently has been reversed.”
Maxkeisercom [BANKS]
Banking Wasn’t Meant to Be Like This [...]
Maxkeisercom [BANKS]
Banking Wasn’t Meant to Be Like This [...]
Sat Jan 28
Fri Jan 27
Econlog.econlib.org [ARNOLD]
Weve been discussing Charles Murrays Coming Apart, and now there is a quiz you can take to find out if you are living in an elitist bubble. My score was reported as "between 5 and 8," which is weird, since the questions had yes or no answers. I guess whatever exact number I got, they classified it as between 5 and 8. The lowest possible score is 0, which would be totally in the bubble. The highest possible score would be 20, which would make me a real representative of the common man. [...]
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