Economics

In light of recent subtle infighting for both the left and the right with respect to policy goals, personalities, and ideology going into November, some commentators and candidates have said that the 2012 election is going to be most important election of our time -- as has been said in previous...

By EconMatters The latest January trade data of China showed the broadest measure of China's global trade surplus fell to a several-year low to around 2.7% of GDP.  Export also collapsed to a negative 0.5% year-over-year in January, down from +13.4% in December.  Imports looked even more dire with...

Warren Buffett recently wrote an op-ed for Fortune, which is adapted from his upcoming Berkshire Hathaway (NYSE:BRK.B) shareholder letter. In the editorial, the Oracle of Omaha explains why equities are the best long-term bet versus the alternatives such as gold and bonds. While this is hardly...

Top value-oriented hedge fund manager David Einhorn is speaking today at the Columbia business school. This afternoon, Einhorn, whose comments frequently move the markets, spoke about the prospects for Apple TV, gold and Japan in addition to commenting on a number of other stocks in which he holds...

Friday saw the U.S. Consumer Sentiment Index revealed, and it appears that confidence among customers in America has declined more than had been forecast in February from the highest level in a year, with the rising cost of gasoline taking its toll on household budgets. According to Bloomberg, the...

On Friday morning the EUR/USD currency pair tumbled, dropping below the $1.32 price level. The leader of Greece's far-right party, Karatzaferis, stated that he was unable to vote for the deal struck just a day ago. Further, Karatzaferis and his party offered to resign from the Greek government....

Chinese imports plummeted during the month of January, signaling that the rapid economic growth of the world's second biggest economy might be slowing down. Chinese imports dropped 15.3% in January, compared to the same month last year, while exports fell by just 0.5%. The sudden drop in imports...

Friday, February 10, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Keynes was the first to introduce the concept of a multiplier in 1929. Benzinga's Top News Alcatel-Lucent (NYSE: ALU) Reports Q4 EPS EUR0.19 vs...

The stock market has had one of its best annual starts in history in 2012. The S&P 500 is already up a whopping 7.51% for the year, and the market looks like it could continue to grind higher in the near-term. Given the continued macro uncertainty surrounding the European debt crisis, however,...

When Godzilla entered Tokyo,  size and power doomed those in his path.  Clearly,  massive carnage would follow  in his wake. The housing market has its own  Godzilla in the form of basic economics of supply and demand. When artificial props entered the United States housing market,  in the form...