Jim Jensen

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Office-furniture sales suggest a recession is coming

The office furniture business is an extremely useful economic indicator.<p>The ups and downs of this industry are not standalone indicators that you can use to time the market. They are, however, very good advance measures of overall economic health.<p>After all, businesses only buy large amounts of …


Ted Cruz Did Not Disclose Citi and Goldman Loans During Senate Campaign

It’s possible that Ted Cruz violated federal election rules during his 2012 campaign for Senate, when he reportedly failed to disclose hundreds of …

STRATEGIST: There's a decent chance the US government will bail out the oil industry

In a note to clients on Thursday Greg Valliere, chief global strategist at Horizon Investments, wonders if the oil industry won't get lifeline similar to what Washington gave the banking industry during the financial crisis.<p>Here's Valliere:<p>"If Washington can bail out big banks and the auto …

Exclusive: Saudi Arabia plans new sovereign wealth fund - sources

Saudi Arabia

JPMorgan CEO sounds alarm on oil


Stocks Rebound as Energy Stages Comeback Rally

U.S. equity markets had a change of heart on Wednesday as they shook off steep losses from the prior session.<p>The Dow Jones Industrial Average was 227 points higher, or 1.41% to 16379. The S&P 500 jumped 31 points, or 1.66% to 1921, while the Nasdaq Composite added 88 points, or 1.96% to 4615.<p>Energy …

The stock market just did something it's done only 3 other times in the past 100 years — and it's not good

This is the second time in the past six months that this has happened — remember, stocks fell 10% in August in just a few days — and these two corrections in such a short time don't look good, historically.<p>Any single correction isn't, in and of itself, a problem, but the speed with which stocks …