Beware Wall Street’s Happy Talk
Over at Marketwatch, Paul Farrell sifts through a book (sitting on my shelf) and pulls out these embarrassing quotes. 15 reminders of how...
CFOs Aren’t an Optimistic Bunch in 2009
The optimism of chief financial officers for the U.S. economy sunk past the all-time low. John Elliott, dean of the Zicklin School of...
Savings vs Consumption
via WSJ Source: What a Penny Saved Costs SUDEEP REDDY WSJ, JANUARY 6, 2009 http://online.wsj.com/article/SB123120956010956387.html
Here Comes the Commodity Index Rebalancing
The major commodities indices are being rebalanced, and I am forced once again to question their timing. Recall the last major rebalance:...
Regulations of Hedge Funds for 2009
Investor Confidence – Interview with LaCrosse Global Fund Services Co-CEO Chris Kundro January 06, 2009
Belief Still in Ascendancy
Good Evening: Today’s action in the capital markets did not appear very remarkable on the surface, but it did reveal once again...
The End of an Empire?
Geopolitical commentator John Batchelor explains to Simon Constable of Dow Jones Newswires why speculation about a U.S. breakup is wrong,...
December 15-16, 2008 FOMC Minutes
The Fed seems a bit concerned about the horse now that its out of the barn . . . “The information reviewed at the December meeting...
Laffer-able
I suppose I should start this by saying that it’s hard not to like Art Laffer. He’s affable and sincere. His extreme...