Hot Stories

How Good a Doctor Are You?

Getting a medical degree is not easy: It requires 10 years of medical education and 16,000 hours of clinical experience to get certified to provide treatment. Even so, most of us think we can make equally as good diagnoses as our doctorsas long as we have a... (read more)
 

Its Time to Stop Using Chewing Gum And Chicken Wire In Spain

“Every leg of the eurozone crisis has been marked by denial of the full scale of the problems. Whether Spains authorities have been deceitful or wilfully blind makes little difference at this point. The banks will need more capital; the government will... (read more)
 

World's First Ethanol Cooking Fuel Plant Opens in Mozambique

Part of a venture aimed at knocking charcoal out of the market in Africa, the Dondo biofuel plant turns locally grown cassava into ethanol.... (read more)
 

Index of Stress: May 2012

The Federal Reserve Bank of St. Louis recently began publishing a new weekly index that seeks to track the general level of financial stress.As periods of financial stress come and go a whole host of fundamental economic indicators immediately adjust to meet... (read more)
 

Wasted youth

Marco Annunziata, 14 May 2012In Greece and Spain, around half of all workers under 25 are now unemployed. In Italy, Ireland, and Portugal, the rate of youth unemployment is around one in three. But this column argues that we shouldnt go blaming austerity; even... (read more)
 

Goldman Sachs European Bet

Recently, bank stocks have taken big hits following news of the trading debacle involving JPMorgan Chase & Co. (NYSE/JPM), causing the firm over $2.0 billion in losses. This has caused a market sector selloff across the entire investment banking space.... (read more)
 

Spain: A Lack Of Accountability

Last week, the Spanish government carried out the biggest financial bailout since the outbreak of the economic crisis. BFA-Bankia (BKIA), the giant which resulted from the merger of seven savings banks only a year and a half ago, was nationalized by Prime Minister... (read more)
 

Tuesday links: cobbled together strategies

Quote of the dayTyler Craig, “Keep in mind one cant simply cobble together two crappy strategies and expect magic to happen. If both strategies yield profits independently then the combination of the two has a much better chance of succeeding.”... (read more)
 

Barrons Goes Negative on Facebook

In the short run the market is a voting machine, and in the long run it is a weighing machine.-Benjamin Graham, regarded as the father of security analysis >With the FB IPO imminent, investor frenzy continues to grow. Given all of this interest, the... (read more)
 

Comment on Greek Exit Part 4; FT editorial; LBS by Paul W

@ Paul W @ 9.35pmChina recovering? Might be behind the Euro ‘improvement’ tonight:http://www.bloomberg.com/news/2012-05-16/china-slowdown-to-end-in-third-quarter-survey-shows.htmlFX markets seem among the most manipulated in the World (Euro /$ 1.3738... (read more)
 

May 16, 2012

There are fears the Greek bank run is accellerating:Greek President Karolos Papoulias was told by the nations central bank chief that financial institutions are worried about their survival as Greeks pull out euros amid a deepening political crisis.Central... (read more)
 

California ARB holding public consultation on investment of cap-and-trade auction proceeds

California will be developing an investment plan for the auction proceeds from the cap-and-trade program to reduce greenhouse gases that contribute to climate change. As part of this process, the California Air Resources Board (ARB) is hosting a public consultation... (read more)