Gasoline prices, not again?
As if the US consumer didn’t have enough to worry about, following the DOE data, the front gasoline contract is rallying to the...
Schiff the Communist?
Peter Schiff was on The Daily Show last night — and they ran a hilarious compilation of his various appearances, with hosts...
Sell the News
What happened to the plus 100 futures this AM ? I turned my head for a quick call, and we are now flat — and Nazz is down ~1%.
TARP Repayment vs Re-Regulation
Be sure to read Jack McHugh’s comments on the TARP repayment. He specifically asks: 1. With all the chatter about responsible...
Peter Schiff on Daily Show
Does anyone remember when someone on TV called Peter Schiff a socialist? I cant seem to find that clip. ~~~ Peter Schiff believes...
How Trillion-Dollar Deficits Were Created
Today’s must read article is a front page NYT story by David Leonhardt. It looks at the process by which boom time surpluses were...
TARP Repayment — Some Questions for the “Perfect...
Good Evening: There has been no shortage of news items since I last wrote on June 2, but the S&P 500 today closed almost at the same...
Bailout Nation: Bloomberg on the Economy
Last night, I was on Bloomberg On the Economy with Tom Keene. The podcast is at their site, and the iTunes podcast should be up later...
Buh Bye: GM, Citi Get the Boot
As previously announced, both Citigroup and General Motors will officially get the boot from the Dow Jones Industrial Average this...