Government spending went off the cliff in the fourth quarter, but GDP figures say the private economy is in decent shape
Well, now we know how much the fiscal cliff crisis hurt the economy in the fourth quarter. Figures released today, January 30, showed that the U.S. economy contracted in the fourth quarter of 2012 with U.S. GDP falling 0.1%.
The next U.S.budget crisis is serious–here’s why and my thoughts on navigating it
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Lessons from 2012 for profiting in the recent rally
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...A global sigh of relief as the U.S. dodges the fiscal cliff
Today global markets are breathing a big sigh of relief that Congress and the President managed to work out any kind of fiscal cliff deal at all.
Some other day stock investors and traders may decide to focus on the shortcomings in the package. But not today.
Holiday closings will make it hard to get an immediate read on global market reaction to the end of U.S. fiscal cliff negotiations
To go off the cliff or not to go off the cliff? We’ll know by the end of today. What we won’t know, because of the timing of various holidays, is how global financial markets will react. At least not immediately.
Sell Costco to raise cash
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...In your worry about the U.S. fiscal cliff, don’t forget that the euro crisis isn’t over
I know all eyes are on Washington today in the run up to the 3 p.m. meeting at the White House, but spare part of an eyeball for Europe where the economic bad news points toward a renewed debt crisis later in 2013.
If the fiscal cliff does deliver a buying opportunity, here are 10 stocks for putting money to work in 2013
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Yesterday I advised raising some cash in the uncertainty of the fiscal cliff–here are some thoughts on sources of cash
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Right now Japanese and Chinese stocks are ignoring U.S. fiscal cliff worries and moving up on domestic stimulus plans
I’m not sure I’d bet the rent money on these markets staying uncorrelated with U.S. market trends in fears over the fiscal cliff surge, but the ability of Japanese and Chinese stocks to move up in the last few days while U.S. stocks sagged on fiscal cliff worries speaks to how powerful the stimulus story is right now in Japan and China.