“The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to...
Read More
I’m running around this morning, so more in depth posts will have to wait until later. Meanwhile, this article is rather...
Read More
The housing market continues to spiral downward, with softness in sales and prices. As of now, the worst housing slump in 25 years is...
Read More
Last week, we discussed how not to get suckered into bad probability analysis when confronted with market history proving this or that...
Read More
There are lots of things that investors believe which I find perplexing. The Superbowl indicator is one, but the oddest to me is the...
Read More
I have a new Apprenticed Investor column up at TheStreet.com, titled What Investors Need to Know About Historical Data. This was a rather...
Read More
For those of you who have been wondering, here is the data on the 2007 Benchmark Revision. The good news is when looking at the total...
Read More
BLS data on Nonfarm payrolls is out, and its fugly: NFP fell 17,000 in January — the first decline since August 2003 (-42,000)....
Read More
Tomorrow, we find out just how much the B/D adjustment overstated true job creation in 2007. Every year, the Annual CES benchmark...
Read More
Barron’s Mike Santoli looks at one of our favorite pet peeves: The use and abuse of data. His column this week, The Limits of...
Read More