As the saying goes, “garbage in, garbage out.” Russ Koesterich explains why the Congressional super committee’s deficit reduction plan has a slim chance of resolving the United States’ fiscal problems.
Making the (Credit) Grade in Emerging Markets
Emerging market debt may be a longer-term option for investors worried about a deterioration of credit quality in the developed world.
The Happiness Dilemma
Princeton professor Angus Deaton studies the impact of the financial crisis on Americans’ state of mind. The good news? We may be unhappier than we should be.
Action or No Action: How the Super Committee Could Influence the Market (Video)
The congressional 12-member super committee is charged with reducing the deficit by at least $1.2 trillion over the next 10 years.
Transfer Payments and the Risk of a Double Dip
In August, US personal income fell for the first time in nearly two years. One reason for the drop: A slowdown in transfer payments.
3 Portfolio Moves to Consider if You Fear a Double Dip
“What should I do if there is a double-dip recession?” That is what many investors are asking since the odds of a double-dip recession have increased in recent weeks. Make no mistake: My view hasn’t changed. I still believe the global economy…
The Transfer Payment Paradox
You don’t have to be a fan of profligate government spending (and believe me, I’m not) to recognize the enormous paradox the United States faces in getting its economic and fiscal houses in order. In a nutshell, that paradox is this: The US…
A Headwind Blows: September’s Seasonal Stock Weakness
In recent days, a number of market watchers have issued warnings about economic data and events that could roil markets this September. Investors might also want to consider an additional headwind: The seasonal pattern of equity market weakness…
Slow Growth’s Silver Lining: Corporate Profit Margins
Despite persistent economic weakness, one sector of the economy continues to perform well: Corporations. One sign of how well a company is performing is its profit margin – a measurement of how much of each dollar of sales a firm retains in its…
Ahead of the Numbers: ISM to Give an Early Read on Fallout from Market Volatility
Of all the economic numbers coming out this week, Thursday’s report on August US manufacturing activity from the Institute for Supply Management (ISM) is the most important, in my opinion. I’m watching this report closely for three reasons.…
