Curious Capitalist

Is Buffet Betting On America, or Just Its Exports?

Warren Buffet focuses on exports for growth (Jason Lee/REUTERS)

Leave it to Warren Buffet to be the biggest America bull. The legendary billionaire investor gave a pep talk on our country’s prospects to investors in his annual shareholder’s letter, arguing that the nation’s “best days lie ahead” and pledged to pour …

Will the Stock Market Rally Last?

Sad traders no more (Mike Segar/REUTERS)

Unemployment is still high and salaries are compressed, but one thing that’s rising like nobody’s business is stocks. The S&P 500 recently grew 100% from the level that it fell to during the low point of the financial crisis back in March 2009 – the fastest such doubling in the index’s …

Will Obama’s Plan for Fannie and Freddie Crater Housing?

Treasury Secretary Tim Geithner plans a reduced role for government in home finance market (Jason Reed/REUTERS)

Two years on from the government takeover of Fannie Mae and Freddie Mac, Washington wants out of the housing business. Tomorrow, the Obama administration is going to recommend slowly phasing out the government’s role …

Jobless Claims Jump

Getty Images

Should we worry about the numbers out today showing that jobless claims have surged to 454,000 thousand, up from 403,000 the week previously? That’s a large jump, one of the biggest in recent memory. At the same time, there’s some new data showing that orders of big new equipment and machinery are down, which …

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