Two veteran observers of the global economy, former U.S. Treasury Secretary Robert Rubin and hedge fund manager John Paulson, offer mixed forecasts on immediate and long-term economic prospects.
Continue readin…
Some investors have been running scared after the quake and tsunami that devastated parts of Japan and left it with an ongoing nuclear crisis. But when there’s gloom in the air, there’s also opportunity to buy on the dip and ga…
Despite a steady six-month rally, lots of investors still haven’t jumped back into equities. While plenty of official economic reports say things are getting better, these investors are following other signs — often closer to …
Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to…
As in the summer of 2008, when prices broke $4 a gallon, big jumps at the gas pump may give car buyers reason to pause and cause vehicle sales to stall. At least the carmakers now have more fuel-efficient fleets, except for Chr…