Future of the Dollar

Jim Rickards, director of market intelligence for scientific consulting firm Omnis, shares his outlook for the dollar.

Cramer: Playing the Pullback

Viewers must rethink their investing strategies, Cramer said Thursday, given a recent string of bad news. He’s certainly adjusted his. Whether it was this week’s earnings reports or the release of disappointing economic data, he saw no choice but to trade offense for defense. At least until this pullback in stocks plays itself out.
“We are [...]

Weekly Jobless Claims Drop, Existing-Home Sales Decline

WASHINGTON (Reuters) – The number of U.S. workers filing new claims for jobless benefits fell last week, but a surprise drop in sales of existing homes in August suggested the economy’s recovery from a severe recession would be slow.
A report from the Labor Department on Thursday showed new claims for unemployment benefits unexpectedly fell 21,000 [...]

Art Cashin: Fed’s Reverse Repo Progam Won’t Happen

Federal Reserve officials are considering using reverse repurchase agreements in order to withdraw a part of the $1 trillion the Fed pumped into the economy, according to Bloomberg.

“I don’t think it’s going to happen,” Cashin told CNBC.
“It may not be a change or adjustment to monetary policy. It may be the fact that there are [...]

We Are in an Economic Disneyland: Daley

There is a huge disconnect between market sentiment and reality, Kirby Daley, senior strategist at Newedge Group told CNBC Tuesday.

“I do think we are in an economic Disneyland”, he said on “Squawk Box Asia.” “There is a virtual cacophony of spin being put on every economic data released that is targeted at getting investors to [...]

Cramer: This Is Tech’s Most Powerful Trend

Apple’s iPhone is a “total data hog,” Cramer said during Monday’s Stop Trading!, and it’s causing an information bottleneck that’s frustrating AT&T [T 26.87 -0.18 (-0.67%) ] customers. He called for an infrastructure build-out to solve the problem.
On a related note, Cramer said the mobile Internet “tsunami” [...]

‘Barney Fife’ Stock Market Is Ready For a Pullback: Gross

Stocks have gone too far too fast and are due for a retreat in an economy that will grow slowly, Pimco’s Bill Gross said on CNBC. “We’ve got a Barney Fife market. Not sure what Barney would say about the market—you could imagine some sort of goofy, speculative market running far too high,” Gross [...]

Dell to buy Perot Systems for $3.9 billion

NEW YORK (Reuters) – Dell Inc struck a deal to acquire computer services provider Perot Systems Corp for about $3.9 billion, offering a steep 67.5 percent premium to its previous market value.

Dell will acquire Perot Systems for $3.9 billion in cash. Michael Dell, CEO of Dell, and Ross Perot Jr., chairman of Perot Systems, discuss [...]