Market Holding Up (or Not) Despite the ugly futures this morning, Nasdaq is in the Green, S&P about to go green, and the Dow has cut most of its losses . The... Read More
Stock market performance round-up: At mercy of grim data An avalanche of worse-than-expected economic and earnings data again put pressure on Wall Street during the past month, resulting in four... Read More
ISM Manufacturing for January Bounces Off Lows Peter Boockvar writes: The Jan ISM mfr’g # surprised to the upside at 35.6 vs forecasts of 32.5 and is up from a revised 32.9 in... Read More
The Credit Market Thaw Analysis by Georg Grodzki of Legal & General Investment Management Bloomberg, February 02, 2009 Read More
The Rise & Fall of WaMu Fascinating story last week in the Puget Sound Business Journal (Seattle), depicting the rise and fall of WaMu: Here’s a quick... Read More
2008 Muni Madness: The Movie “Education is what’s left after everything learned at school has been forgotten.” – Albert Einstein It was that type of year... Read More
The Economic State of Play in Washington The economic crisis has Washington trying to act, but questions surrounding the actions taken so far are complicating an already... Read More
GDP Goosed By TARP (Maybe) Over the weekend, a hedgie friend added to our understanding of how bad GDP really was. We already knew that the rise in inventory... Read More
Maybe De-Coupling Isn’t Dead It seems hard to believe that anyone is still looking forward to growth. But some of the recent news out of Davos suggests there’s... Read More