Of S&P 500 companies providing first-quarter outlooks, MarketWatch reports 84% have been negative as Profit Warnings Pile Up.
John Jack Bogle is an icon in the investing industry. The founder of Vanguard and the father of index mutual fund investing has had a lot of good ideas over the years. Unfortunately, the ideas in his recent editorial in the Financial Times are not among those good ideas.
The Supreme Court heard arguments on Wednesday in Michigan v. EPA, asking whether it was unreasonable for the Environmental Protection Agency to ignore costs in determining the appropriateness of regulating mercury emissions from power plants.
The truth is some (many) people just want someone to make decisions for them. I am unsure if it is a genetic disposition or whether it is socialization or whether it is both. All I know is some people do not want to control their own lives.
What amazed me about the latest Billionaire issue of Forbes magazine was not the stories about the billionaires, but about Forbes itself.
This is a column I never expected to write. Thats because Im going to applaud Presidents Franklin Roosevelt and Harry Truman.
Celebrate with me the recent lesson learned by the city council of Los Angeles after a 7-years-long experiment in nanny statism that ended in utter failure.
Medicaid, the entitlement program for low-income Americans jointly funded by the state and federal government, represents about 25 percent of state budgets. Federal funding represents more than half (57 percent) of that amount, and that funding is now being threatened by Obamacare.
Syrias Bashar Al Assad has said that he is open to negotiating with America. I guess he saw what was going on with Iran, and decided that he too would like nuclear weapons. Del Wilber joined the program to discuss the ongoing negotiations with Iran.
Consistent followers of the ETF Talk will recognize this weeks return to the world of real estate investment trusts (REITs). A REIT is a company that invests in real estate and gains revenue by renting it out to other organizations. REITs are required by law to distribute a large portion of their profits to shareholders, so they tend to pay solid dividends. One method of investing in this space is through Vanguard REIT ETF (VNQ).
The self-proclaimed champions of womens rights, the political left, is once again insisting that a womans right to protect herself from sexual attackers should be regulated, restricted, and in some cases banned.
Many market watchers have their eye on jobs and the unemployment rate as the determinant of when the Fed will hike.
Some time ago, we recognized that the number of companies acting to cut their dividends each month seemed to be a very good and simple predictor of the near real time state of the U.S. economy.
I remember sitting in my car in college listening to Howard Stern on the radio before class sometime in 2000. Howard and his crew were talking about the stock market which was roaring. The Tech Bubble was in full effect. The sky was the limit. If you werent in the market you were losing out. It was a similar vibe to the Housing Bubble which would emerge only a few years later.
The durable goods report for February was released on Wednesday. It was another disaster in a long line of weak economic reports. And once again economists missed their optimistic estimates by a mile.
We've been exploring data found in the U.S. Bureau of Labor Statistics and U.S. Census Bureau's Consumer Expenditure Survey, which has provided a window into the annual consumer expenditures of American households (or rather, "consumer units") since 1984. Today, we thought it was time to take a look at how the major categories of that spending has evolved over the thirty years for which we have data.
Just recently Secretary of State John Kerry ridiculed Tom Cotton, the Freshman Republican Senator from Arkansas, regarding the letter to the Islamic Republic of Iran that Cotton championed, and which was signed by forty-five other Republican senators.
During the many years that Ive been investing and analyzing industries to determine which stocks will be winners in the coming months and years, Ive learned a number of things. One of them is to pay attention to the calendar.
Last week, I applauded the Chairmen of the House and Senate Budget Committees for proposing budgets that complied with my Golden Rule, which means the burden of government would grow slower than the private sector.
I didnt need to see the ridiculousness of this past week to know that the GOP cant be trusted to reduce spending. But the current Pentagon budget battle certainly illustrates the point.
The world lost one of the most prominent, controversial and arguably most effective political leaders of the last 60 years, Singapores founding Prime Minister Lee Kuan Yew. He passed away peacefully on March 23 at the Singapore General Hospital at the age of 91.
Most news sites are just happy to fact check. But CNNMoney wants to have the ability to decide whats real or not. It's understandable because the magic wand and make-believe are the only tools they can use at this point to defend Obamas economic performance.
With tax day fast approaching, its time to write about our good friends at the Internal Revenue Service.
The latest Fed policy statement was like music to the ears of stock market participants. In sum, Fed Chair Janet Yellen told attendees at a packed post-Federal Open Market Committee (FOMC) meeting news conference that the Fed will move on interest rates when it simply is time to do so and that the U.S. central bank wont be held to a timeline.
Bibi, please disregard the petulant, malevolent child that so embarrasses us. America congratulates you on your historic victory.
Both Republicans and Democrats are struggling with, rather than changing, a gratuitously poor status quo. Memo to our political leaders: When all of the answers lead to pain for you and for America its time to change the question.
If there was a truth-in-advertizing requirement, the OECD would be forced to admit that its mission is to promote policies that will increase the size, scope and power of government.
This injustice just happened: a tenant is having their rent raised by their landlord in San Francisco. (Gasp!)
Western valuesnational self-determination, basic human rights and free markets, supplemented by a compassionate stateare under attack by the rise of China, Russian aggression and ISIS and al Qaeda.
It turns out, Republicans really do have far more (intellectual) diversity than those tolerant Democrats.
In Other News: Can We Ask Al Qaeda for a Refund on the Bowe Bergdahl Prisoner Swap? | Michael Schaus