Pyramid of Misery From Portfolio, by The Number author Lee Eisenberg. “The Number” used to be the “Fuck You Number”— the... Read More
New York Times on Bear Market Rallies I participated in a NYT debate about Bear Market rallies today: The Dow Jones industrial average gained 246 points on Thursday. The... Read More
Video-o-rama: Five in a row for stock markets Video-o-rama: Five in a row for stock markets The holiday-shortened week witnessed relatively few news and economic reports, but the... Read More
The Bernanke Revolution There was a fascinating article in the Washington Post yesterday about Chairman Ben Bernanke. It very much paralleled my thinking in the... Read More
Earnings Decline Chart of the Day: Alcoa officially kicked off earnings season Tuesday after the close. Alcoa reported a loss of $497 million in the first... Read More
Passover Open Thread Here is the open thread question for passover: Why is this Recession different from previous Recessions ? What say ye? Read More
Larry Summers Protest I am no fan of Mr Summers, but this is an unbelievably embarrassing clip — for the protestors: Read More
1934 Chicago Tribune Cartoon Cartoon from 1934 Chicago Tribune: The circle of history continues: (Why do these themes all sound so familiar?) > > Thanks, Dunk! Read More
Sentiment Review 4.09.09 > AAII Stock – Deviation from 21-Year Mean Allocation (Monthly Charts) > Cash Allocation Survey – Deviation from... Read More
Geithner’s Stress Test “A Complete Sham” The bank stress tests currently underway are “a complete sham,” says William Black, a former senior bank regulator and S&L... Read More