10 Thursday PM Reads
My afternoon train reads: • CFPB releases new mortgage rules in bid to reduce risky lending (Washington Post) see also U.S. Consumer...
United States Flu Trends
Source: Google As you can see from above, this years flu is a big problem . . .
A Tax Barbell
A Tax Barbell David R. Kotok Cumberland, January 10, 2013 Washington has handed an economy now struggling to get back on its feet...
Dow Jones Industrial Index, Price Return (Since 1900)
click for larger graphic Source: J.P. Morgan Guide to the Markets This morning’s secular bear market discussion sent...
10 Thursday AM Reads
My morning reads: • Warren ♥ Banks: Buffett Says Banks Cleared of Excess Risk Pose No Threat to U.S. (Bloomberg) • Not exactly:...
Who Owns the U.S. Equity Market?
Here’s an update and upgrade to our mid-2011 post. Lots of noise and imperfections in the Fed’s Flow of Funds data but sure beats the...
Bad Risk Management – Not Secret Bailouts – Killed...
“If this particular broker had known exactly how far the bailouts reached, neither he nor his clients would ever have lost...