Moneynews RSS FeedTue, 01 Jan 2013 13:57:27 EDTThe new Senate deal cobbled together by Vice President Joseph Biden and Senate Minority Leader Mitch McConnell is an acceptable one to me. It is far from perfect, however.Mon, 10 Dec 2012 07:20:20 EDTChristopher Ruddy's Perspective: The fiscal cliff can be averted and the Republicans should accept a tax rate increase on the so-called "rich." Sounds like a sellout of conservative ideals? No, not if Republicans demand that any overall deal remains revenue neutral.Tue, 09 Oct 2012 07:49:16 EDTChristopher Ruddy's Perspective: Fasten your seatbelts — here’s what will likely happen on Jan. 1, 2013: Sun, 06 May 2012 21:50:23 EDTThe Federal Reserve purchased 61 percent of the nation s debt issuance last year. Let that factoid sink in for a second. It s a dangerous development because it means that the Federal Reserve created electronically that is, out of thin air the cash needed to buy the...Mon, 12 Sep 2011 15:17:14 EDTIn observing the workings of the Obama White House as it grapples withthe worst American economy since the Great Depression, it s difficultnot to smile in amusement at the inept wheel-spinning of our executivebranch, which bears a closer resemblance to a clueless team of...Wed, 17 Aug 2011 10:23:34 EDTBill Clinton just made headlines by referring to Texas Gov. Rick Perryas a good looking rascal. But the real rascal of the moment is notPerry or any other political candidate. It s Warren Buffett. He may be one of the richest men in the country, but the Sage of...Thu, 02 Jun 2011 12:15:10 EDTWe are told that the American economy escaped from its recession in late2009, at least as measured by seven straight quarters of economicgrowth since that time.Whatever these numbers seem to indicate, theyclearly do not reveal the whole picture and its grim reality. In...Mon, 13 Dec 2010 11:12:22 EDTA well-known American businessman called me recently. He wanted to talk politics, but he started the conversation by saying, Short China. If you want to make a lot of money, short China. He alluded to having information about the precarious state of China's economy, but...Thu, 01 Jul 2010 15:32:56 EDTWhen CNBC s Rick Santelli went to the floor of the Chicago commodities exchange and started shouting that we need to stop the spending, he was touching a raw nerve. Santelli knows about raw nerves. He was the guy whose call for a tea party helped launch the movement. All...Wed, 26 May 2010 07:07:36 EDTCongressman Anthony Weiner s inane attacks on Glenn Beck and the goldcoin dealer Goldline make me think there is some other agenda at work. Though Weiner has named Beck and the company he endorses, Goldline, hehas also made clear that Goldline is just one of several gold...Fri, 07 May 2010 09:17:48 EDTThe largest one-day stock market fall in all of U.S. history took place Thursday, but it did not come as a surprise to readers of Financial Intelligence Report (FIR). FIR has been warning for months that an automatic correction was in the works due to two factors: 1) the...Mon, 12 Apr 2010 10:14:49 EDTNervous investors are wondering if another stock market crash is in the works. With the market up substantially since its March 2009 lows, there is serious cause for concern. The good news is that the market may not be a bad place to store your money. The bad news is...Thu, 08 Apr 2010 12:15:30 EDTNewsmax s recent cruise through the Caribbean was not only an adventurebut also a learning experience. One of the highlights of our trip was our stop in San Juan, Puerto Rico,and our visit with the Republican governor of the territory, LuisFortuno. Dick Morris and I, as...Wed, 10 Mar 2010 12:24:33 EDTWhen Sir John Templeton passed away in July of 2008, we lost one of thegreatest investment minds of our time. But with great lucidity, in June of 2005, Sir John penned a memorandumto friends and family that is uncanny and prophetic in its vision ofwhat would happen to the...Wed, 02 Dec 2009 15:09:53 EDTI tuned into Charlie Rose's program this past weekend to watch a re-run of his November interview with Warren Buffett, and I was pleased to find out someone agrees with my view that inflation is our real worry.Recently, I gave my analysis of Buffett's Burlington Northern...Mon, 16 Nov 2009 15:51:02 EDTWarren Buffett s recent acquisition of Burlington Northern for an estimated $26.4 billion is another cagey move by the country s greatest investor.After announcing the deal, Buffett couched his old-fashioned railroad play as American as apple pie. It s an all-in wager on...Thu, 25 Sep 2008 16:36:23 EDTYesterday Sen. Orrin Hatch was hitting the airwaves.The subprime crisis, he said, was the fault of the Clinton administration, who he said created the subprime mortgage crisis.Other Republicans have been laying blame on the financial crisis on minorities and illegal...Wed, 13 Aug 2008 16:40:24 EDTThe world lost a truly great man this past July when Sir John Templeton passed away at the age of 95.Templeton is most widely known for his investment savvy, having founded the Templeton Funds. His business acumen is well deserved. Many of the great stock gurus I won t...Mon, 24 Mar 2008 14:55:56 EDTIt must be important news: the article was buried in the back of the paper, in the weekend edition. Treasurys Are Still Hot Overseas the headline blares. A reassuring sub-headline follows: Central Banks Add to Their U.S. Assets to Support Dollar. According to the article,...Wed, 12 Mar 2008 14:58:08 EDTOne bubble after another seems to be striking America.The first great bubble, perhaps the largest in human history up to that time, was the dot-com bubble.It popped in 2000.The dot-com bubble was followed by the housing bubble. In 2005, The Economist magazine called that...