Joe Weisenthal
Recent Stories By Joe Weisenthal:
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3 Reasons to Root for a Government ShutdownSeptember 30, 2013
Barring some last-minute miracle, it looks like the government is going to shut down at midnight tonight. The crux of the matter is that the House GOP is not inclined to pass a budget that doesn't...
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How a Government Shutdown Could Save the EconomySeptember 27, 2013
Goldman Sachs' Alec Phillips nails it in a new note to clients today. You should want to see a government shutdown in Washington: It would be a mistake to interpret a shutdown as implying a greater...
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Conservatives Finally Share Good Advice on Debt Ceiling January 18, 2013
Hopefully, this is a good sign. Two influential conservative columnists are giving the GOP some good advice on the debt ceiling. RELATED: House GOP'...
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China's Economy Down More Than We Thought June 24, 2012
It's long been believed that China's economic data is untrustworthy, but now that the Chinese economy is clearly cooling down, that theory is being put to the test, and it seems to be confirmed that...
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Worst Idea for Dealing with U.S. National DebtNovember 11, 2011
The huge size of the US national debt has prompted a lot of crazy thinking and crazy action. An irrational fear of the debt nearly caused the US to default this past summer during the debt ceiling...
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Roubini: QE 3 Has BegunAugust 4, 2011
With markets tanking, and the economy weakening, buzz about the Fed doing QE3 has really heated up. The FOMC meets next week, and the Jackson Hole conference (where QE2 was announce) happens soon...
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37 Companies That Will Suffer from Government CutsAugust 3, 2011
Austerity will sap growth from the entire economy, but companies that rely on the government for a high-chunk of their income are particularly exposed. Goldman Sachs has made a list of all the...
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High Gas Prices: Why This Time It's DifferentMay 9, 2011
Even though oil prices tumbled last week, there has been chatter about the similarities between 2011 and 2008, and $4 (plus) per gallon gas is high atop the list. So does that mean we're going to...
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Major Market Shift OccurringMay 4, 2011
Here's something weird you don't see that often: Dollar down (three year low) Stocks down (Dow off over 100) Silver down (below $40 now, it was just at $50 the other day) Oil down (Now...
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"Worst Crisis Since WWII"March 13, 2011
Forget the idea that the impact from the earthquake will resemble that of Kobe in 1995 (where economic damage totaled around $100 billion). Japanese PM Naoto Kan just addressed the nation, and...
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Contagion in the MidwestFebruary 22, 2011
First Democrats ditched Wisconsin to avoid having to vote on a bill that would strip public sector unions of the ability to collectively bargain. The contagion in the Midwest is spreading. Now...