Goldman Sachs: Buffett's Favorite Way to Value Stock Market Is 'Flawed'
(AP)
Warren Buffett's method of comparing the 10-year Treasury yield to the earnings yield of the S&P 500 is typically called the "Fed model." One of the problems with that valuation method is that it's flawed, according to investment bank Goldman Sachs. [Full Story]
Wall Street Surges as Banks, Tech Stocks Spark Rebound
Wall Street rallied sharply on Wednesday, with the S&P 500 scoring its biggest one-day percentage gain in about two months, as financial and tech stocks led a broad market rebound. The Nasdaq posted its best session since Nov. 7, the day before the U.S. presidential...... [Full Story]
Trump to Press Trade Deficits in Autos, Steel With Korea's Moon
President Donald Trump plans to press South Korean President Moon [Full Story]
Goldman Sachs: Buffett's Favorite Way to Value Stock Market Is 'Flawed'
Warren Buffett told CNBC in May that interest rates were too low to [Full Story]
Young Millionaire Selling Bitcoin to Buy This
SPONSOR: Bitcoin investor reveals his next big move [Full Story]
BlackRock: Investors Poised to Pour $400 Billion Into Chinese Stocks
BlackRock's managing director and head of China equities reportedly [Full Story]
FBI Questions US Employees of Russian Cyber Firm Kaspersky Lab
The FBI interviewed several U.S. employees of Moscow-based cyber [Full Story]
Nike Co-Founder: Not Even Tiger Could Make Golf Profitable
Knight says company lost money on golf equipment for 20 years; [Full Story]
US Global Investors: Gold May Spike 20% to 4-year High of $1,500
Frank Holmes, chief executive and chief investment officer at U.S. [Full Story]
FT: Self-Driving Car Investments Accelerate with $50M for Drive.ai
Self-driving startup Drive.ai said on Tuesday it raised $50 million [Full Story]
Global Debt Hits Record as Big Central Banks Prepare to Tighten Credit
Global debt levels have climbed $500 billion in the past year to a [Full Story]
More Precious Than Gold? Copper's the Better Inflation Hedge
Since 1992, metals returns were three times more than bullion; Fed [Full Story]
8 Ways to Spend Less and Save More in Retirement
SPECIAL: Be a Millionaire Next Year brings you practical advice you [Full Story]
FedEx: Operations at TNT Express Disrupted After Virus Attack
Package delivery company FedEx Corp. said on Wednesday operations of [Full Story]
Gasoline Prices Hit 12-Year Seasonal Low Ahead of Most-Traveled Weekend
Prices hit 12-year seasonal low ahead of most-traveled weekend; [Full Story]
The Mysterious (and Continuing) Fall in Saudi Foreign Reserves
Net foreign assets at Saudi Arabia's central bank, a measure of its [Full Story]
Trump Attacks the 'AmazonWashingtonPost' Over Taxes
The president's line of crtique is unclear, and there isn't really an [Full Story]
The Small Business Expert
Did you know that today, we're in an era of Crowdfunding, where anyone with an idea or a concept can reach... [Full Story]
In the US, when government spending as a percentage of GDP shot up from 33% to 39% during the Great... [Full Story]
Bloomberg View
Republicans want to kill you. Worse than that, they want to kill you so that they can give your money to rich... [Full Story]
Amazon is making a play for low-income shoppers by offering a nearly 50% discount for those on government... [Full Story]
Amazons mastery of fast with Whole Foods mastery of food has major implications for how we select, buy, cook,... [Full Story]
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