Fed’s Beige Book
After Bernanke gave us his thoughts, the Beige Book says little new. Of the 12 districts, 11 said “economic activity increased...
Most Ridiculous Excuse Ever: “No One Saw the Crisis...
I’m sorry, but I don’t accept these lines rationalizing dumb behavior:
NYSE Volume Changes
John Roque highlights the changes in NYSE volume: “Volume has been a curiosity for most and a problem for others. On an absolute...
Mortgage apps/Greek bonds down again
With just a few weeks left before the home buying tax credit expires, the rise in mortgage rates above 5% over the past few weeks has put...
“Recovery” Bypassing Small Businesses
The National Federation of Independent Business (NFIB) released its monthly Small Business Economic Trends (SBET) survey, and the outlook...
Nightline: Dow, Recession, Economy
Its funny what they end up using and what doesn’t make it into a half hour interview: Dow Wow: The stock market tops 11,000. Will...
Grading the Treasury
The Congressional Oversight Panel is grading the Treasury Department again on its effectiveness and response to the foreclosure crisis....
Dear Ben, again
Dear Ben, it’s me again, just wanted to check in before your testimony today on the economy in front of Congress. The economy is...