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As We Close in on the Alibaba IPO, Here's What You Need to Watch For

It isn’t often that a really “hot” initial public stock offering lives up to the pre-deal hype.

But Thursday’s IPO of China e-commerce heavyweight Alibaba Group Holding Ltd. (NYSE-WI: BABA) is shaping up to be everything the most ardent market mavens have been saying.

Alibaba is on track to become the largest U.S. initial public offering ever.

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    Why There's No Real Inflation (Yet)

    According to Nobel Prize-winning economist Milton Friedman, "inflation is always and everywhere a monetary phenomenon."
    Well, apparently not...
    There's certainly plenty of cause for inflation today. Every central bank in the Western world is holding interest rates down, and almost all of them are printing money like it's going out of style. And the big deficits governments were running should be making inflationary matters even worse. Taken together, monetary and fiscal policies are far more extreme than they have ever been.
    But today inflation is only running at around 2% - well below where it should be, according to Milton's monetarist theories.
    What does it all mean?
    Read More...
  • inflation forecast