The Market: January 27, 2012

Allison Kade
Posted

DavosThis has been a week of regrouping and planning for the future, all around the world. On the home front, President Obama gave his State of the Union address on Tuesday night. On a global scale, the annual World Economic Forum in Davos, Switzerland is in full swing.

President Obama’s message was mostly positive and directed toward everything he’d like the country to do in the future—despite cries from opponents that he hasn’t accomplished much since he’s been in office and that his State of the Union address sounded a lot like a campaign speech. (Here’s what he said and what it means for you.)

In Davos, the conversation has been dominated by the European debt crisis, and the tone is gloomy. In particular, this year’s theme is “The Great Transformation: Shaping New Models,” and some top economists are arguing that capitalism in its current incarnation is broken. There are 70 billionaires among the Davos attendees, and even they have acknowledged the need to solve the issues presented by the world’s growing income inequality.

Oh, right, and Occupy protesters have built igloos nearby to protest.

This week in The Market, we bring you what you need to know to be the most informed investor you can be.

Japan Experiences Its First Trade Deficit Since the 80s

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How Your Friends Can Hurt Your Finances

We’ll explore how a psychological phenomenon called social proof can ruin your investing portfolio.

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Image Credit: Flickr/World Economic Forum