Generation of Denial
There seems to be a sad pattern developing among the formerly august financial figures of the passing generation. We’ve seen Alan...
Miss Mark-to-Market Catches Mr. Market’s Fancy
Good Evening: If perception can indeed matter as much or more than reality in the stock market, then today’s giddy reaction to...
Anecdotal Sentiment Discussion
Yesterday during lunch, we were going over various sentiment indicators. We track a variety of different psychology metrics, but the...
AIG: Before CDS, There Was Reinsurance (Part 2)
By the way, further to the post this AM, check out some of the work by my friend Lucy Komisar. She actually covered some of the ground...
Japan and the G20
This commentary was written by Bill Witherell, Cumberland’s Chief Global Economist. He joined Cumberland after years of experience at...
Top 10 Things the Letters “GM” Stands For
On Monday, I asked what the letters GM stood for — using “Government Motors” or “Gimme Money” as examples....
Mark-to-Make Believe Rally
Dan Greenhaus is at the Equity Strategy Group at Miller Tabak + Co. where he covers markets and portfolio theory. He has contributed...
Why Newspapers are Dying (not what you think)
Dan Gross has an excellent discussion of why so many newspapers are going belly up. No, its not the internet — though “every...
Peek-A-Boo
As I’m sure with many kids, when my son was 3 he would cover his eyes with his hands and think he disappeared. When he put his...