Romney wins in a landslide — Las Vegas oddsmaker doubles down on prediction. By Wayne Allyn Root FoxNews.com Yes, you read that headline correctly. I am a Las Vegas oddsmaker (and former Libertarian vice presidential candidate) and here’s why I am so boldly predicting a Romney landslide. In November of 2004, only days before the presidential election, I went on…
My Opinion on the Governor Romney Tax Plan by Mark Cuban www.blogmaverick.com Oct 11th 2012 11:45PM After watching interviews of Governor Romney and the debates, both Presidential and VP, I’m starting to fully get my arms around how Governor Romney works and the details of his tax plan. Governor Romney is a successful financier. He is an amazing deal maker.…
Langone Takes Welch’s Side: Jobs Numbers ‘Don’t Square’ Published: Tuesday, 9 Oct 2012 By: Jeff Cox CNBC.com Senior Writer Government numbers showing the unemployment rate has fallen under 8 percent for the first time in nearly four years don’t reflect actual business conditions, venture capitalist Ken Langone said on CNBC. Joining a heated debate over the state of the U.S.…
WALL AND BROAD REPORT. SEPTEMBER 26, 2012 8:30PM There are more crosscurrents in the markets now than probably any other time in recent memory. We are 42 days away from the most important Presidential election in modern history. As a result, there are most likely hidden agendas or ulterior motives behind many of the comments or news we see and…
100 Days Until Taxmageddon Sunday will mark the start of the 100-day countdown to “Taxmageddon” – the date the largest tax hikes in the history of America will take effect. They will hit families and small businesses in three great waves on January 1, 2013: First Wave: Expiration of 2001 and 2003 Tax Relief In 2001 and 2003, the GOP…
What’t the definition of insanity? Doing the same thing over and over again while expecting a different result. Albert Einstein Japan launches QE8 as 20-year slump drags on. Japan has launched an eighth round of quantitative easing to weaken the yen and cushion a slide back into recession. By Ambrose Evans-Pritchard 7:29PM The Bank of Japan (BoJ) is to buy…
Over the weekend, the European finance ministers and central bank officials will continue their meeting in Cyprus to discuss a European banking supervisor and the potential for a further aid package to Spain. On Tuesday, the US will release the NAHB Housing Market Index. Last month, the index rose to the highest point in nearly five years. Later in the…
#1 During the time Barack Obama has been in the White House, median household income has fallen by 7.3 percent. #2 Back in 2007, 19.2 percent of all American families had a net worth of zero or less than zero. By 2010, that figure had soared to 32.5 percent. #3 According to the Federal Reserve, the median net worth of…
After Ben Bernanke provided some dovish commentary in his Jackson Hole speech (but didn’t specify how), the European Central Bank will discuss potential bond-buying proposals at this Thursday’s meeting. While the ECB will likely not begin any new purchase programs with the German Constitutional Court’s decision on the European Stability Mechanism (ESM) on the horizon, investors are expecting some details…
The central bankers of the world will meet in Jackson Hole, Wyoming, to discuss monetary policy. Many market participants are expecting Federal Reserve Chairman Ben Bernanke and ECB President Mario Draghi to give hints about what monetary policy they may pursue at their September meetings. In the US, the first revision of GDP data will be released, with the first…
Niall Ferguson: Obama’s Gotta Go Why does Paul Ryan scare the president so much? Because Obama has broken his promises, and it’s clear that the GOP ticket’s path to prosperity is our only hope. by Niall Ferguson | August 19, 2012 1:00 AM EDT I was a good loser four years ago. “In the grand scheme of history,” I wrote…
For the next week we will see growth reports from Germany and the UK. Germany was buoyed by stronger export shipments this past week which could cause an upside surprise for next week’s number. Spain will sell short-term Treasury bills on Tuesday, and it is likely to get some news coverage, but unless it is skewed heavily better or worse…
This is today’s CNBC Video of Ken Langone, Home Depot Co Founder, and a long time associate of Fred Lange, founder of Lange Financial Services.