The RBA said the bar will stay open a bit longer
The Reserve Bank of Australia said the bar will stay open for a few more months, although current choices are limited. The RBA...
Botching Financial Reform
I have to admit a morbid fascination with watching all of the sturm und drang of financial reform wind its way through Washington DC....
Sony Bravia LCD/Blu-ray Combo: $850 (free delivery)
The TV in the bedroom — the one we got as a wedding present 17 years ago — started giving out a month or two ago. Its now in...
Neil Barofsky says handcuffs may be coming….
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Monday Reading
New week, new stuff to read: • Dear Wall Street: We’re Sorry (Marketwatch) • The first review of Paulson’s book is out,...
U.S. Personal Income vs. Spending: Unsustainable Gap?
To the bulls, news that personal spending was up 4% in December on a year-over-year basis, even though personal income only just managed...
Did You Pay for the Right to Walk-Away?
Fascinating mention buried in Richard Thaler’s Sunday NYT column last week. He notes that in the non-recourse states, there is an...
NYSE Stocks (%) Over 50 Day Moving Average
I was chatting with a friend over the weekend about various ways to look at overbought oversold conditions. One of my favorite metrics is...
History of Our Broken Monetary System
Be sure to check out Dr. Treadwell’s missive on the history of our broken monetary system in the Think Tank: PRIVATIZE THE GAINS,...