Rick Newman

November 2011


Why Holiday Shoppers May Be Overspending

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There are Grinches everywhere this year.

In Washington, Congress has basically said that fixing the huge debt problem it created over the last decade is somebody else's job, inviting additional downgrades of the U.S. credit rating or worse. In Europe, the outlook is even gloomier, as politicians try ...

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TAGS:
shopping
holidays

11 Dates Investors Need to Watch

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There are known unknowns, as former Defense Secretary Donald Rumsfeld famously said, and then there are unknown unknowns.

Investors spend as much time guessing about unknowns as military strategists, and this year there have been plenty of imponderables. Few people foresaw the uprisings in the ...

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TAGS:
global economy
economy

The GOP's Unwitting Tax Hikes

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Most Republicans in Congress have pledged never to raise taxes, no matter what. But that rigid stance may end up costing Americans more than overt tax hikes would.

The recent failure of a congressional "super committee" to come up with ways to pare the $15 trillion national debt largely came down to ...

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TAGS:
Republican Party
taxes
economy

Beware the Upbeat Economic News

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Everybody's eager for some good news on the economy, and lately we've been getting some.

After a summer swoon that included an epic display of ineptitude in Washington, the first-ever downgrade of the U.S. credit rating, a stock-market plunge and a sharp decline in consumer confidence, the numbers ...

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TAGS:
economic growth

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