BLS Birth Death Conundrum ?
July Non Farm Payrolls is out tomorrow, making today a good day to review one of our favorite whipping boys: BLS Birth Death model....
1930: “Money on the Sidelines”
This is from “News from 1930” website “There’s a large amount of money on sidelines waiting for investment opportunities;...
Fact vs. Bailout Fiction: “Way Too Early” to Talk...
> What began as a small story about returns on TARP paybacks in The Wall Street Journal last week has now become a full-fledged media...
Rating Agencies Must Defend AAA Junk in Court
I suspect we are FINALLY seeing the beginning of the endgame for the rating agencies. “A U.S. judge refused to dismiss a lawsuit...
Asia Leads Futures Higher
The Shanghai index gained nearly 5% overnight, the biggest one day move upwards in 6 months. US Futures, after a few rough days, are...
Defending the Fed

The World of Seinfeld

Presidential Polling vs. Gasoline (part 2)

Blaming the Wrong Group
Dan Gross is one of America’s best financial journalists, but that doesn’t mean he always gets it right (He did, after all,...