Jun 19, 2013
Gold investors know about the SPDR Gold Shares (GLD) exchange-traded fund. You can buy and sell "shares" of gold bullion much like shares of stock. No one knows GLD better than John Paulson does.
Jun 12, 2013
Everything about China is enormous, especially the scale of its economy. And the scale of fraud underneath this economy may also be huge. New data suggest years of impressive export numbers were not entirely accurate.
Jun 5, 2013
Washington went into near-ecstasy last week thanks to some good news from the Medicare program trustees. Healthcare costs seem to be growing at a slower pace. Medicare's bills aren't declining — they're simply increasing a little less quickly than the trustees expected. Hooray! Light the cigars!
May 29, 2013
Here in the United States we worry about inflation. In Japan, they want inflation. Strange? Yes, and the closer you look at the Japanese economy, the stranger it gets. The United States may not be far behind.
May 22, 2013
So the Internal Revenue Service targeted conservative groups for extra scrutiny. OK. Why is anyone surprised? This is the agency every taxpayer loves to hate.
May 15, 2013
Graduation season is here. We see eager young people cross a stage, receive a piece of paper and enter a new phase of their lives. Hope and optimism fill the air. The future looks bright. But is it?
May 8, 2013
Investors were apparently encouraged by last Friday's U.S. jobs data. The stock market rallied to a new high on the news. Why? The unemployment rate remains high at 7.5 percent, but a few months ago was even worse.
May 1, 2013
This Friday we’ll learn whether the U.S. labor market improved in April. You can bet that our unemployment rate, whatever it may be, is far better than Spain’s 26.7 percent. This is not a typo.