Political  Calculations

Political Calculations:

The GDP Multiplier for QE

What that means is that there isn't much of a multiplier effect for the economy from quantitative easing - it basically boosts the economy by $1 for every $1 worth of quantitative easing the Fed does.

 
Stocks in the News

Stocks in the News:

Stocks in the News: Dell Needs Bigger Checkbook

Founder Michael Dell’s attempt to take the computer maker private in a $24 billion deal has hit a snag, or two or three.

 
Political  Calculations

Political Calculations:

Fed Reports Taxes, Not Sequester, Drag on GDP

Over 90 percent of the decline is directly attributable to the tax hikes that went into effect in 2013, including the Social Security payroll tax hike, the various Obamacare tax hikes and President Obama's desired tax hikes upon high income earners and investments that were part of the fiscal cliff tax deal at the beginning of the year, all of which applied at the federal government level.

 
Bill Tatro

Bill Tatro:

Your Mom Won't Be Around to Clean up This Mess

Whoever could blow the largest bubble before it blew up all over your face won the contest. Some contests were decided by a group vote, while other competitions were judged by simply measuring the width of the gum that covered your face and hair.

 
Crista Huff

Crista Huff:

China Buys Lots of Pork

China's Shuanghui International has agreed to purchase Smithfield Foods for $4.7 billion in cash in order to fill a demand for pork in China, amid continued food safety scandals abroad.

 
Crista Huff

Crista Huff:

More Debt-Fueled Spending on Wall Street

Valeant Pharmaceuticals, Canada’s largest drugmaker, has agreed to buy privately-held eye-care company Bausch & Lomb Holdings Inc. for $8.7 billion. The deal will be financed by the issuance of new equity and debt.