Today is the last trading day of the year, and folks, this has been one of those years where you just have to sit back, take a deep breath and be glad that it’s over. If I had told you that we’d go through what we’ve gone through—the tsunami/nuclear disaster in Japan, the Arab Spring, [...]
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Folks, Alcoa is scheduled to report its Q3 numbers after the markets close today, unofficially kicking off earnings season. I mentioned yesterday how I believe that another 2008 has been unnecessarily priced into things, so I’m excited to see just how much the lowering of expectations will cost the market as far as the price-earnings [...]
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Terry Duffy,
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Folks, I’ve talked about the need for a repatriation tax holiday a couple of times on the broadcast now, and I think it’s about time I explained what it is and why I think it’s so important. Right now, all over the world, there is approximately $1.5-2 trillion sitting in subsidiaries of U.S. multinational corporations. [...]
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