Richard Drew / APTrader Frank O’Connell works on the floor of the New York Stock Exchange on Wednesday.The stock market is getting a little bumpy as the government shutdown wears on, but if Congress pushes a deadline on the federal debt limit in two weeks, you can buckle up for something much scarier — maybe even a replay of the […]
Most Americans are not exactly sanguine about the economy. As CNN reports, according to its latest polling:Nearly 70% said the economy is generally in poor shape, and only 32% rated it good.
Could have something to do with the 4 million or so Americans who are considered “long term” unemployed and are not likely to be helped much by such […]
Submitted by Michael Snyder of The Economic Collapse blog,It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory. Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to what is going on in the overall economy […]
By Michael Snyder, on December 26th, 2013
It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory. Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to what is going on in the overall economy whatsoever. […]
We’ve heard how Big Data is transforming various industries, and how it can affect the fortunes of big businesses, but very few actually specify how Big Data is transforming the world and people’s lives.To illustrate this, WhoIsHostingThis.com has created an infographic that explores the “Top 7 Ways Big Data Could Revolutionize Our Lives by 2020″. Though the infographic is pertaining […]
Robert Shiller, 2013 Nobel laureate in economics, told a German magazine sharp rises in equity and property prices may signal a dangerous financial bubble, which could have an extremely bad end.
The Sterling Professor of Economics at Yale University, who
shared the Nobel Prize with two other Americans for research
into […]
Robert ShillerBERLIN (Reuters) – An American who won this year’s Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine.
Robert Shiller, who won the esteemed award with two other Americans for research into market prices and asset bubbles, pinpointed the U.S. stock […]
Stocks are at all-time highs, and anyone invested in the market has reason to be happy.But that’s just it. It’s only the people who are investing who have gotten a piece of this 3.5-year-long bull market, which has seen the S&P 500 explode 170%According to Gallup’s annual Economics and Personal Finance survey, which was conducted in April, just 52% of […]
REUTERS/Chip EastSee AlsoThe Somali Pirates Who Murdered Four Americans Were Just Sentenced A Passenger Fell Out Of A Plane Somewhere Over Miami Carl Icahn Owned 3.9 Million Shares Of Apple As Of September 30(Reuters) – Activist investor Carl Icahn said on Monday he is “very cautious” on the stock market, saying he could see a “big drop” because earnings at […]
