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Open Data and Poland's Race for Innovation

Pawel Adamowicz | Posted 11.24.2015 | Impact
Pawel Adamowicz

As the mayor of Gdansk I am very proud of the growing attractiveness of Gdansk for investors, however, I also remember how many challenges are still ahead of us. Probably one of the most important of these challenges is fostering innovation -- in Gdansk and in Poland.

Trickle Down Tuesday - Markets Pull a Slow Fade into Holiday

Phil Davis | Posted 11.24.2015 | Business
Phil Davis

Going down!   You can't draw any conclusions from these low-volume trading days but, in general, stocks have been in retreat and this m...

Monday Market Movement -- HUGE Data Week

Phil Davis | Posted 11.23.2015 | Business
Phil Davis

We have, essentially, a 3-day week this week and don't expect people to stick around on Wednesday either and Friday being a half-day is a joke as it's dead as a doornail on Thanksgiving Fridays. Overall trading with be thin, which means all market action should be taken with a grain of salt and, unfortunately, we get revised GDP tomorrow morning -- which is very important.

Developing Market Debt Hits $58.6Tn on Bailout Mania

Phil Davis | Posted 11.10.2015 | Business
Phil Davis

Here's another thing we can pretend doesn't matter.

Market Weak Ahead (Not a Typo)

Phil Davis | Posted 11.09.2015 | Business
Phil Davis

First of all -- let's talk jobs. The markets managed to end the week on a high note as a huge beat on the headline Non-Farm Payroll number stunned us all with 271,000 jobs added in October.

Converging Crises and Opportunities

Jakob von Uexkull | Posted 11.02.2015 | Impact
Jakob von Uexkull

On a ruined planet there can be no development or justice, peace or security, functioning economies, markets or states. Can we mature into responsible global citizens fast enough and stop living at the expense of our children and all future generations of life?

GDPhursday -- Fed Thrill Ride Continues

Phil Davis | Posted 10.29.2015 | Business
Phil Davis

It's wonderful to be able to take advantage of silly market moves after hours. Have you ever read something in the paper and wished you could place a trade but the markets are closed? Futures trading fixes that problem.

Draghi Fever Thursday - Are You Fed Up with the BS Yet?

Phil Davis | Posted 10.22.2015 | Business
Phil Davis

I've got Draghi fever, she's got Draghi fever We've got Draghi fever, we're in debt She's gone Dollar crazy, I&...

Mexico's Challenging Fiscal Outlook

Rodrigo Aguilera | Posted 10.20.2015 | World
Rodrigo Aguilera

Mexico's 2016 budget is currently under negotiation, with a deadline of November 15 for its approval. This is the first budget that is fully adapted to the collapse in oil prices that began in the summer of 2014.

Monday Mandarin Meltdown: China's Fake GDP Still Sucks!

Phil Davis | Posted 10.19.2015 | Business
Phil Davis

Do not fall for the streaming BS coming from the U.S. media, who are completely in bed with China and would do nothing to upset them. If everything were so great in China - then what's up with all the emergency stimulus, rate easing and market halting?

The Dollar, Jobs and Interest Rates

Luis Ubiñas | Posted 10.06.2015 | Business
Luis Ubiñas

The Federal Reserve did not raise interest rates last month as many expected. Their reasons were understandable: one in 10 Americans remains unemployed, underemployed or so discouraged that they have fallen out of the labor force; and inflation remains consistently near zero.

Technical Tuesday -- Failure at the 50 DMA

Phil Davis | Posted 10.06.2015 | Business
Phil Davis

Here we are again.   It was only Friday afternoon that we were predicting we'd bounce to our strong bounce lines and then test the...

The 10 Best Economies In The World

24/7 Wall St. | Jenny Che | Posted 10.02.2015 | Business

The global economy is projected to grow by 3.3% this year, considerably slower than in 2014. According to the International Monetary Fund (IMF), grow...

Want To Make America Great Again? Support Working Women.

The Huffington Post | Emily Peck | Posted 10.02.2015 | Business

If Donald Trump, Jeb Bush and their fellow Republican presidential candidates truly want to make the United States “great again," there’s ...

Single Payer 'Universal' Health Plans, Versus What?

Harlan Green | Posted 10.01.2015 | Business
Harlan Green

Perhaps it's time to bust the myth that universal, or government-run, or 'socialized' medicine is somehow less desirable than the present U.S. system of private health insurance.

China and Japan Have the Potential to Collapse the Global Economy

Phil Davis | Posted 10.01.2015 | Business
Phil Davis

Any signs of China's slowdown bleeding all the way into the US economy will be seen as a disaster that could be the tipping point for the whole Global economy - OR - it could be the trigger for the next MASSIVE round of Global stimulus.

Thursday Failure - Indexes Test Some Critical Levels Pre-Yellen

Phil Davis | Posted 09.24.2015 | Business
Phil Davis

Shall we keep pretending? Clearly that's the plan of the MSM, where you'd think we were in some kind of rally while critical index levels are falling by the wayside right and left on a daily basis.

Janet Yellen Warns Against Government Shutdown

The Huffington Post | Daniel Marans | Posted 09.17.2015 | Politics

Federal Reserve Chair Janet Yellen on Thursday called on Congress to fund the government, warning that a government shutdown would jeopardize the cou...

Labor Day Is About More Than Good BBQ

Administrator Maria Contreras-Sweet | Posted 09.08.2015 | Business
Administrator Maria Contreras-Sweet

September 5th, 1882, was a Tuesday. That day, five local unions in New York City reserved the city's largest park for a massive celebration of its lab...

Let's Crowdsource to Expose Government Bribe Takers!

Russ Warner | Posted 08.28.2015 | Politics
Russ Warner

Over $1 trillion per year is lost to corrupt politicians and others. That amount of corruption affects us all. Why don't we crowdsource to publish the names of government bribe takers? It won't cost taxpayers.

Obama Has to Brag More About the Economy

Marvin Meadors | Posted 08.28.2015 | Politics
Marvin Meadors

Now is the time for Democrats to rally and speak in unison about the economic performance under this president, something Republicans orchestrate so well. While not stellar and considering we were on the brink of collapse, Obama's economic performance is praiseworthy.

TGIF -- Yesterday's Fake GDP Number Allow Windows to Be Dressed

Phil Davis | Posted 08.28.2015 | Business
Phil Davis

How did we pull off such an amazing turnaround in such a short time? Well, coming off a bad quarter gives you very easy comps, for one thing.

China's Market Collapse and Currency Devaluation

Natalie Pace | Posted 08.20.2015 | Politics
Natalie Pace

In 2014, the Chinese economy became the No. 1 economy in the world, followed by the European Union and the U.S. The U.S. is now considered to be the third largest economy in the world.

Distributing Growth for the Benefit of All

St. Gallen Symposium | Posted 07.24.2015 | Impact
St. Gallen Symposium

If you need proof of how the modern welfare state can miss the mark, just look at the rising level of social inequality in much of the developed world.

Wealth - A Decent Ambition

St. Gallen Symposium | Posted 07.22.2015 | Impact
St. Gallen Symposium

We cannot take today's wealth for granted. Where there is no growth, there will be no wealth. This might sound obvious, but it is a truth we need to be reminded of, not only when it comes to distributing wealth but also when it comes to appreciating the roots of wealth.