DEBATE TIME, per CNN tally: Gingrich: 11 questions; 11 min. 38 sec. … Romney: 12 questions; 11 min. 3 sec. … Perry: 11 questions, 10 min. 32 sec. … Paul: 9 questions; 9 min. 40 sec. … Bachmann: 9 questions; 8 min. 43 sec. … Huntsman: 8 questions; 8 min. 14 sec. … Santorum: 6 questions; 7 min. 41 sec. Cain: 7 questions; 5 min. 19 sec. (hat tip: Sam Feist) BREAKING – THUNE ENDORSES ROMNEY: Sen. John Thune (R-S.D.) will serve as a Co-Chair of Mitt Romney’s National Advisory Council. … ‘Mitt Romney has shown throughout his life in the private sector, as leader of the Olympics, as governor, and in this campaign that he will not back down from difficult challenges. His plans to revitalize the private sector and restore our country’s fiscal health are drawn from his 25 year career as a conservative businessman.’” Story Continued Below --Romney, at last night’s CNN national-security debate (the 11th GOP … [Read more...] about GETAWAY-DAY EDITION: Gingrich looks to general election, calls for ‘humane’ immigration — Romney, Bachmann camp cry ‘amnesty’
How to predict stock price for next day
Driving the Day Good Tuesday morning. CONFUSION AT 1600? Here is what the White House has asked the Hill to do immediately: 1) Pass a repeal of Obamacare before August recess. 2) Lift the debt ceiling before August recess. 3) Agree on the outlines of a broad-based overhaul of the nation’s tax code before the August recess. 4) Clear outstanding executive and judicial branch nominations. UHH, GUYS ... There are 13 legislative days scheduled until the August recess. Obamacare repeal is in a tough spot. Congress is extremely unlikely to lift the debt ceiling before the August recess. And we can’t see any agreement on the horizon on tax reform. Story Continued Below HILL FOLKS TELL US that the timeline for tax reform has not changed -- the White House wants it done by the end of 2017 -- but you have to wonder why the administration is suddenly changing its tune. HEADS UP -- WHAT TO EXPECT -- Expect a growing chorus of voices to call for Congress to cancel all -- or part -- of … [Read more...] about What 1600 PENN wants Congress to do in next 3 weeks — WHAT TO EXPECT: Hill to remain in session for PART of August recess — LEIBOVICH’s cover story on TRUMP’S WASHINGTON: ‘This Town Melts Down’
Last Updated Jan 17, 2010 4:50 PM EST It's difficult to make sensible investment decisions when the public is acting sensibly. Knowing what to do when markets are grossly undervalued or overvalued is a snap - buy in the first instance and sell in the second - although emotions often get in the way and prevent us from acting as we ought to. But what's the right move when markets are more or less fairly valued, as stocks seem to be now after their huge rally from deeply oversold levels? That's a question that Jeremy Grantham, chief strategist at the portfolio manager G.M.O. and one of the most respected figures in investment circles, has been asking himself. "A year ago, equities globally - and everything else for that matter - were very overpriced, particularly if they were risky," he recalled in his latest quarterly review of the investment landscape. "A quarter ago, in mid-March, prices everywhere were cheap. Now they have all - or almost all - converged for a few unusual moments at … [Read more...] about Stuck in the Middle: How to Play a Fairly Valued Stock Market
WASHINGTON — The International Monetary Fund on Monday raised its forecast for the U.S. economy over the next two years, saying President-elect Donald Trump’s policies would boost economic growth. But officials warned that if Trump’s protectionist trade proposals set off a trade war, that could be “quite destructive” for the global economy. The IMF also increased 2017 growth projections for a number of other countries including China, Germany, Japan and Britain, but warned that the global economy faced a number of downside risks from rising protectionism to a jump in interest rates. The forecast, which is part of the 189-nation lending agency’s Global Economic Outlook Update, noted that Trump’s election has already given a significant boost to U.S. stock prices, interest rates and the dollar. The new outlook puts U.S. economic growth at 2.3 percent this year and 2.5 percent in 2018. That would be an improvement from lackluster U.S. … [Read more...] about IMF predicts faster growth for U.S., citing Trump impact
Last Updated Nov 29, 2017 3:43 PM EST When Saxo Bank forecast last December that Bitcoin's price would surpass $2,000 in 2017, it may have seemed like a stretch given that the digital currency's value at the time was under $1,000. Now, with Bitcoin surging, the same analyst who made the earlier forecast has a new prediction: The price could soar to $100,000 over the next 10 years. While Bitcoin fans say such projections are within reason, skeptics abound, with Vanguard founder Jack Bogle this week urging investors to avoid the digital money "like the plague." Bitcoin mining consumes more energy than 159 countries"Bubbles always pop," Jonathan A. Martin, a professor of finance at MIT's Sloan School of Management said by email. "And cryptocurrencies have value only because people believe they will have value in the future. As soon as that belief starts to fade, it's over." For now, that belief is acting like rocket fuel and sending Bitcoin's value into the stratosphere. The … [Read more...] about Bitcoin: How high could the price go?