Oil’s Well That Ends Well?
It’s been a while since I paid over $3.00/gallon for gas, but had that pleasure once again very recently, as prices have been...
Treasury Secretary Timothy Geithner in Gyeongju, South Korea
Bloomberg Television’s Chief Washington correspondent Peter Cook interviewed Treasury Secretary Timothy Geithner in Gyeongju, South...
Disconnect: Main Street-Wall Street
Mike Panzner points out that the disconnect between the sentiment on Wall Street and Main Street, looking at the SPX versus Consumer...
Night of the Living Fed
Jeremy Grantham has some fun at the Fed’s expense: The Ruinous Cost of Fed Manipulation of Asset Prices: My diatribe against the...
Light in Your Ears: Treatment for SAD
The days are getting shorter in the Northern latitudes. I don’t suffer from Seasonal Affectation Disorder, but I know plenty of...
A Bailout Parable: Mad Meat
I met Eric Von Berg at an ING conference where I had just given a speech. Afterwards, he handed me a copy of this short book he wrote and...
What’s next?
For two weeks now, the Treasury market and the US$ have been showing signs of fully pricing in what the Fed will announce on Nov 3rd...
Morning news
Sept Durable Goods surprised to the upside because of large jumps in defense and non defense aircraft orders but taking these out new...
QE2: what’s an investor to do?
QE2: what’s an investor to do? October 26, 2010 David R. Kotok > Inflation, deflation? Higher interest rates, lower rates? QE2? What...
Greek Yields Soar
Greek 10-year bonds tumbled for a third consecutive day; yield jumped 58 bips 10.34% according to Bloomberg. The EU revised Greek budget...