$4.05+ average national gas costs and $140 barrel oil is having its effect: Demand destruction brought about by high prices has lead to...
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Here is today’s intriguing article from late yesterday: Bloomberg’s Jonathan Weil explains why the Fed does not follow GAAP....
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That’s the question asked by the Washington Post: "Soft? You betcha. In recession? Quite possibly. And a crisis in the...
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With high gasoline prices and a slowing economy, Americans are looking for transportation alternatives for getting to and from...
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Portfolio does a fun analysis as to what the full value of Led Zeppelin‘s Stairway to Heaven would be worth if the band went all...
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The scales continue to tip in favor of our Recession call (Yo! Jimmy P!). Three recent comments suggest as much: 1) Macroeconomic...
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Bouncing around trading desks is this comment on Fifth Third Bancorp (FITB): “Given its recent performance, the company has...
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If you missed last night’s discussion of Greg Ip, the WSJ reporter who covers the Federal Reserve, be sure to catch it —...
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This morning, I’ll be doing the guest-hosting thing on CNBC’s Morning Call, from 11:00am til Noon. Today’s topics: Oil:...
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This mornings must read article is via the NYT’s Gretchen Morgenson and Vikas Bajaj on Credit Default Swaps: MBIA Debt Is Setting...
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