Obama: Change is All We Have Left Since I have been mocking W on his way out, we may as well tag O on his way in: via Keven Depew, Minyanville Read More
Ouch! Dow 7949 US Markets followed Europe and Asia lower, with the Dow off 4%. The financials continue to weigh on everything: Citigroup (down 20%)... Read More
S&P Regression to Trend Yesterday, we discussed an ongoing Marketwatch chart on historical trend regressions (Is the Market Bottom in Sight (Again?)). Peter... Read More
Causes of the Global Financial and Economic Crises Bill King cites the following precise articulation of the definition of Credit: “This is a delusion about credit. And whereas from the... Read More
Bush’s Economic Mistakes With all inauguration coverage, all the time today, I thought we might try to keep the focus on erconomic/market related matters. Time... Read More
Barack Obama’s Powers of Persuasion The whole world will be watching when Barack Obama delivers his inaugural address. Expectations are high especially as he got to this... Read More
Inaugural Kick the Can “And as we kick this can down the road, I ask our foreign friends to continue to lend us as they have for so long, –blindly... Read More
The Great Experiment There is a reason I call this column Outside the Box. I try to get material that forces us to think outside our normal comfort zones and... Read More
Fed Balance Sheet Decaying Recently, I’ve been mocking the fools who have been claiming the TARP is showing a profit. Their absurd conclusion was based on a... Read More
Colbert: Bush Presidency Aged Us The Bush presidency has aged everyone including Stephen. (The clip of Colbert’s first show is priceless) (02:39) Read More