Word of the Day: Peak Debt
peak debt: n. In an economy or household, the point at which the costs to service increasing debts become so high relative to income that...
Charting Household Net Worth
Last nite, I mentioned U.S. Household Net Worth fell 18%. This morning, Rolfe Winkler sends along this chart based upon the Q4 2008 Flow...
Video-o-rama: Stock markets – turnaround time
Video-o-rama: Stock markets – turnaround time Tuesday marked a reversal of fortune for global stock markets as investors adopted a more...
Bad News for Newspapers
The newspaper industry, laden with heavy debt, is forcing companies into bankruptcy. Money-losing papers are closing. Here’s a look...
Anti-Climax: Cramer vs. Stewart
I could spill a 1000 words on this, but suffice it to say the well anticipated moment was a bit disappointing. Not because they...
REVIEW: Quit Doling Out That Bad-Economy Line
Its been exactly 6 months since the single dumbest newspaper column ever published appeared in The Washington Post. Breathtaking in its...
U.S. Household Net Worth Falls 18%
Not very good: The Federal Reserve reported that “Americans’ net worth fell in 2008, erasing four years of gains, as the...
Markets Gain 12%
Dow industrials gain 238 points, up 3.4%, at the closing bell. S&P 500 up 3.9%; Nasdaq up 3.9%. From the Monday lows, the markets...
Not Nationalization, Capitalization
Our quote of the day belongs to John Haskell, who writes: NO NATIONALIZATION That’s socialist. “Capitalization,” now that’s...