Are We Trading Away Real Bank Regulations for a Consumer...
Noam Scheiber puts forth an interesting discussion yesterday about the DC horse trading in Street Fight. Scheiber argues that the right...
What Happened to Amazon Book Search?
Does anyone know what happened to the very helpful and effective Amazon Book Search? Its now gone missing from the main pages. For...
FOMC minutes/dovish but bond market has spoken since
The minutes from the last FOMC meet was not that revealing but a few things stick out. They revised down slightly its estimate for core...
3 yr note auction decent but real test comes Wed and Thurs
With a yield at the highest since Aug ’09 and a maturity tied to expectations of Fed monetary policy and the direction of the fed...
New Age of Regulation
The new age of financial regulation is upon us, according to Anthony Scaramucci, of Skybridge Capital. He predicts it will have a...
Why Do Some Investors Perceive This Market As Cheap?
Regular readers know I am not a fan of Forward P/E ratios as they are too easily gamed — plus, they always seem to miss a major...
Geography of a Recession
According to the U.S. Department of Labor’s Bureau of Labor Statistics, there are nearly 30 million people currently unemployed...
No, Treasury Bailout Profits Are Not 10 Billion Dollars . . .
Why doesn’t anyone understand what a profit is? It is the total revenue minus the total costs. Which is why this FT headline is our...
Roger Lowenstein on ‘The End of Wall Street’
Roger Lowenstein discusses his new book ‘The End of Wall Street,’ which aims to expose the reckless speculation and failures...