When does asset price inflation lead to consumer price inflation?
With asset price inflation the unofficial policy of our Federal Reserve in driving economic growth over the past 11 years and...
Commodity Futures Trading Commission (CFTC)
Michael Martin is a proprietary commodity trader. He is a commodity instructor for the CFA Institute and a frequent lecturer on risk...
Bernanke Says Recession Over; Should You Care?
Ben Bernanke has declared the recession over. This leads to one simple question: Why should you care what his recession forecasts are?...
Everyone Has a Stock Market Forecast
Good Evening: This may sound like a recording, but stocks overcame another early dip to again finish higher on Tuesday. At least the...
Rally May Only in 6th Inning ?
My interview about the market with Aaron Task at Yahoo Tech Ticker is up at their site: Rally May Only Be in 6th or 7th Inning, Ritholtz...
Devil’s Dictionary: Wall Street Edition
Amusing take on Ambrose Bierce’s classic in the Journal today. Excerpt: AAA, n., obsolete. A rhetorical device used to dupe buyers...
Why capitalism fails
Terrific piece in the Boston Globe by professor Stephen Mihm on Hyman Minsky: “Amid the hand-wringing and the self-flagellation, a...
Penury, self-imposed or inflicted, the new normal?
One of my favorite sources of information is The Liscio Report by Philippa Dunne & Doug Henwood. Among other things, each month they...
Meritocracy on Wall Street
Nice piece from Andy Kessler on the Meritocracy on Wall Street: “Part of the charm of Wall Street, and what scares most reasonable...