NY & California AGs Are Prosecuting Bank Fraud
Well. Isn’t this a welcome development? Last week, we heard the announcements by New York Attorney General Eric Schneiderman that...
Neither the U.S. Nor Europe Is Dealing With the Real Problem
Economists from the Left and the Right Agree: Neither the U.S. Nor Europe Is Dealing With the Real Problem: Today, economists from both...
All Major Global Equity Markets Close Below Their 50-day M.A.
What a difference a trading day makes. As of Friday’s close only seven of the fourteen major global indices that we track were...
Hey, You Kids, Get Off My Lawn!
The entire internet is making us dumber. That’s a meme is making its way around the internet. Its partially true, in that the meme...
Europe’s Spreading Infection
From The Economist: “THE fear that Greece’s sovereign-debt crisis might presage similar episodes elsewhere in the euro zone...
Fleckenstein Doesn’t See Technology Industry `Bubble
William Fleckenstein, president of Fleckenstein Capital Inc., discusses the outlook for technology stocks and his investment strategy. He...
Federal Reserve Posters (1920’s)
What Does Company Guidance Tell Us About The Economy?
Last week, we highlighted how earnings estimates were being gamed and have become more inaccurate in recent years. If earnings estimates...
Sector Performance Since QE2
In light of today’s sell off, I thought it might be worthwhile to look at how various sectors have been performing since QE2 began...