Gold matching record high
Using the generic futures contract on Bloomberg, gold is rallying to match its all time record high at $1,257ish. With very little...
European splash of reality, again
Following last week’s beat the economic #, (as opposed to great data) pre holiday, beginning of the month stock market rally, the...
European splash of reality, again
Following last week’s beat the economic #, (as opposed to great data) pre holiday, beginning of the month stock market rally, the...
Is Wall Street Research a “Valuable Social Good” ?
Earlier this month, Jeff Miller posted an interesting discussion about The Fly on the Wall litigation (lower court decision here;...
Visual Guide to Deflation
This is from April 2009, but in light of recent data points, I thought it was worth revisiting: > Source: Jess Bachman via Mint
The Real Lesson From the Great Depression: Fiscal Policy Works!
Marshall Auerback is a Denver, Colorado-based global portfolio strategist for RAB Capital. ~~~ If the US government had a dollar every...
Letting the Housing Market Fall
I have been arguing for the government to step away from propping up the housing market for several years now. It seems that economists...
Tony Blair’s Journey
I have always been fascinated by the Tony Blair paradox. On the one hand, he seems like an intelligent, articulate, thoughtful politician...
Market Index Monthly Scorecard
Via Ron Griess of The Chart Store, here is a handy assembly of the past month’s changes, including 3 month, YTD and 1 thru 10 year...
How RE Short Sales Work
I thought this piece from Greg Fielding, a longtime real estate agent, was especially informative. Greg has experience in selling...