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Sound the alarm! We’re witnessing another real estate bubble. At least, that’s what the mainstream financial press wants to scare us into believing. A recent Bloomberg article, entitled “Brooklyn to California Bubble Threat Grows in Rebound,” recounts an all-too familiar… More »
0-for-9. If any professional baseball player (particularly one in New York) puts up stats like that, he’s immediately booed and ridiculed. But when it comes to a particular stock market indicator, it’s actually a reason to celebrate. And guess what?… More »
Let this be yet another reminder to trust, but verify, every bit of information on Wall Street. For months, we’ve heard that a “Great Rotation” is underway. That is, investors are dumping bonds and promptly putting the money back to… More »
If you’re a newbie to the Wall Street Daily Nation, you’re in for a treat. Each Friday, we abandon long-winded analysis to let some carefully selected graphics do the talking for us. But don’t let our brevity fool you. Most… More »
In yesterday’s column, I shared the startlingly low expectations analysts had for first-quarter earnings. And, of course, their predictions were rendered totally irrelevant. For the second consecutive quarter, S&P 500 companies are on pace to grow earnings by about two… More »
A new investigation released by Wall Street Daily just revealed a disturbing pattern of price manipulation in the energy markets. The six-month investigation, conducted by renowned energy analyst, Karim Rahemtulla, was triggered by the incredible disparity in gas prices between… More »