Goldman Sachs Upgrades S&P 500 Target Published: Tuesday, 21 May 2013 | 4:39 AM ET By: Ansuya Harjani Goldman Sachs has upgraded its target for the S&P 500, forecasting that the U.S. benchmark index will climb a further 5 percent to 1750 by year-end, from an initial estimate of 1625, supported by robust dividend growth and an improving macroeconomic environment…
The Wall and Broad Report has been fortunate to receive market and trading thoughts and ideas from Fred and Rob Lange of Lange Financial Services ( LFS ) since its inception in mid 2010. It was just before the mid term election that got LFS discussing the benefits of Gridlock for the markets. Between August 2010 and December 2010 Fred…
Brian S. Wesbury – Chief Economist Bob Stein, CFA – Deputy Chief Economist Date: 5/6/2013 The higher the stock market goes, the more the bears argue that it’s all about easy money from the Federal Reserve. The “QE-xcuse” – says Wall Street is flying high on a wave of new money from Quantitative Easing. But, this explanation is getting long…
The Coming ObamaCare Shock Millions of Americans will pay more for health insurance, lose their coverage, or have their hours of work cut back. By DANIEL P. KESSLER In recent weeks, there have been increasing expressions of concern from surprising quarters about the implementation of ObamaCare. Montana Sen. Max Baucus, a Democrat, called it a “train wreck.” A Democratic colleague,…
Central Banks Load Up on Equities By Sarah Jones – Apr 25, 2013 Central banks, guardians of the world’s $11 trillion in foreign-exchange reserves, are buying stocks in record amounts as falling bond yields push even risk- averse investors toward equities. In a survey of 60 central bankers this month by Central Banking Publications and Royal Bank of Scotland Group…
Dangerous Economic Territory: An Interview with Paul A. Volcker Paul A. Volcker is the former chairman of the Board of Governors of the Federal Reserve System under presidents Jimmy Carter and Ronald Reagan. He is credited with ending the high levels of inflation in the 1970s and early 1980s. His policy of “preemptive restraint” reduced inflation and prompted President Reagan…
Hedge Funds Have a Brutal Quarter, but Loeb Stands Out Published: Tuesday, 2 Apr 2013 | 11:59 AM ET By: John Melloy Hedge funds, on average, returned just above 3 percent in the first quarter of 2013, a brutal return compared to buyers of an S&P 500 index fund, who enjoyed a 10 percent return on their money. Vocal activist…
Hotline on Money and the Economy For: Monday, March 25, 2013 (800) 219-1333. VetHotline@aol.com. A week ago, I closed out the Hotline by saying that Cyprus likely did not carry that much in the way of near-term risks. However, I added that the situation did represent a broader problem for Europe and the rest of the world. As the Cyprus…
Goldman Sachs, Morgan Stanley Raise S&P 500 Forecasts for 2013 2013-03-18 18:44:54.866 GMT By Inyoung Hwang March 18 (Bloomberg) — The two biggest U.S. equity bears in 2012 see the Standard & Poor’s 500 Index rising more than 12 percent this year to at least 1,600, as strong economic data point to higher corporate earnings. Goldman Sachs Group Inc.’s chief…
Van Eck Hotline on Money and the Economy For: Monday, March 18, 2013 (800) 219-1333. VetHotline@aol.com. The U.S. stock market has been doing quite well of late. That rally has been driven by a combination of Fed quantitative easing and a healthier than expected U.S. economy. The bears blame it all on the Fed and come up with silly nicknames…
Bridgewater’s Dalio Says 2013 ‘Game Changer’ as Money Shifts By Christopher Condon Jan. 25 (Bloomberg) — Ray Dalio, founder of Bridgewater Associates LP, the world’s biggest hedge fund, said 2013 will be a “game changer” for the economy as investors reallocate money after risks such as Europe’s sovereign debt crisis receded. “There’s a lot of money in a place that’s…
Managing the Oval Office By DAVID ROTHKOPF Published: January 19, 2013 191 Comments BARACK OBAMA’s critics and supporters tend to agree: the first four years of the Obama administration have included plenty of disappointment and frustration. Many say President Obama has not empowered his cabinet. On Jan. 10 the president, with the departing Treasury secretary, Timothy F. Geithner, right, announced…
http://theeconomiccollapseblog.com/archives/16-things-about-2013-that-are-really-going-to-stink 16 Things About 2013 That Are Really Going To Stink The beginning of the year has traditionally been a time of optimism when we all look forward to the exciting things that are going to happen over the next 12 months. Unfortunately, there are a whole bunch of things about 2013 that we already know are going to stink.…
BY CHARLES KRAUTHAMMER The rout was complete, the retreat disorderly. President Obama got his tax hikes — naked of spending cuts — passed by the ostensibly Republican House of Representatives. After which, you might expect him to pivot to his self-proclaimed “principle” of fiscal “balance” by taking the lead on reducing spending. “Why,” asked the Washington Post on the eve…