Consumer Sentiment in U.S. Unexpectedly Declines Consumer Prices in U.S. Rose 0.5% in December on Fuel JPMorgan Net Rises 47% on Lower Credit Costs, Beats Estimates China Raises Bank Reserve Ratio as Foreign Holdings, Loans Jump Dollar Heads for Biggest Weekly Drop Since September on Economy Corn, Soybeans Rise as Reduced Global Output Cuts U.S. Reserves U.S. Stocks Rise as S&P 500 Extends Longest Rally Since 2007 Gold Falls to Lowest Settlement in Seven Weeks as Euro Gains “The correct conclusion in my view is that we need to be pre-emptive in avoiding these types of problems in the future. Monetary policy should not be aimed at cleaning up a mess, but leaning against the wind to avoid the mess in the future.” by Doug Noland | Jan 14 Stocks have thus far been noteworthy for disregarding municipal bond problems and general financial market instability. by Martin Hutchinson | Jan 10 The Facebook deal is an important indicator that the current economic recovery is unsound. by Neeraj Chaudhary | Dec 27 No, Mr. Krugman, You're Eating America Alive He has one answer to every problem: eat more taxpayers. He is the walking undead of the New Deal era. by Bradley Tirpak | Jan 7 He should urge the press and pundits to include a denominator for each taxpayer every time they mention a new loan.Top News
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