Economics & Economy articles

Hillary Clinton and Martha Coakley

Business does not create jobs and Hillary Clinton doesn’t understand economics

Business does not create jobs and Hillary Clinton doesn’t understand economics

Mrs Clinton also believesNobel prize winning economists who tell her that raising the minimum wage increases economic demand. Which is a lot of poppycock.

The 1,534Mw Sandow Station coal-fired electric power plant in Rockdale, Texas:. Credit/Steve Davidson

No need for EPA’s Clean Power Plan

AUSTIN, October 21, 2014 — According to a government report released today, despite a 2.5 percent increase in U.S. carbon dioxide emissions in 2013, the United States is on track to achieve the Obama Administration’s goal of reducing emissions 30 percent below 2005 levels by 2030, without approving the EPA’s controversial Clean Power Plan. The annual

boxer shorts

Check your shorts: Cramer says stock market has hit bottom 

WASHINGTON, October 20, 2014 – Very short column today. The Maven is short on time, short on money, and somewhat short the market via ETFs and plans to stay that way at least today. CNBC’s Jim Cramer is calling a bottom to the current downtrend. But Jim has done that before and he’s been wrong.

Janet Yellen to the market's rescue! (Composite derivative art by Ponick)

Janet Yellen rides to the stock market’s rescue

WASHINGTON, October 17, 2014 – Vague but clearly dovish comments yesterday from at one Fed member, followed up Friday morning by similar observations from Fed Chair Janet Yellen, helped stem Thursday’s continuing stock market cliff dive, helping to inspire an impressive rally this morning that continues unabated at 1:00 p.m. EDT. Markets have been extremely

Image of Satan in Ethiopian church.

Wall Street Hell Week: Dow, S&P500, NASDAQ crater again

WASHINGTON, October 15, 2014 – It’s a bad day for the Maven today as he tries to file his tax return before the ultimate filing deadline today while simultaneously directing a virtual fire hose at his fire-consumed portfolio. Stocks themselves have descended into the bowels of hell this morning, with the Dow initially down well

Sec. State Kerry and Crown Prince Saud al-Faisal .

Tuesday’s markets: Stocks, oil struggle vs. strong headwinds

WASHINGTON, October 14, 2014 – Not much original to say after yesterday’s negative blowout, which suddenly occurred after a hopeful morning ramp. The “buy on the dips chant,” or—in some precincts, the BTFD (“buy the effing dip”) rule—seems to have given way to the reverse, with any half-decent rally getting drowned by selling of massive

Today we offer you a lazy American black bear, a good symbol for today's trading: down hard with a potential for nastiness.  (Via Wikipedia)

After Wednesday’s surprise Fed rally, stocks tank again

WASHINGTON, October 9, 2014 – After Mr. Market rallied big time Wednesday afternoon, making the Maven’s previous, depressing column look almost foolish, the bears seem to be out in force Thursday, having taken back about half of yesterday’s surprising gains as of 11:00 a.m. EDT. (UPDATE: As of 11:45 a.m. EDT markets have taken back