I have a column coming out later today on sentiment and speculative excesses. Its an area that many investors have a hard time finessing...
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Its the first Friday of the month, and you know what that means: Nonfarm Payroll data for the prior month. With the consensus...
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Consensus for tomorrow’s Nonfarm Payroll is pretty rich: 250,000 new jobs. I think that number is high (more on this tomorrow), as...
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Retail comps were better than expectations this morning. As we warned during the holiday season, many retailers lowered their profit...
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I’m thinking about adding a category called "The Philosophy of Markets." Why? Because I frequently read statements that...
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Barron’s online edition ran with Monday’s Free Lunch: Myths of the Greenspan Era. Once again, the crew there came up...
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Its funny how trades go from lonely to crowded. I first mentioned Gold positively in a client note in December 2002; I...
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As we digest the Fed statement, let’s put yet another Bullish Myth to rest: Markets do not have an upward bias after a rate...
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Now that Greenspan has ridden off into the sunset, what do we know about his successor, Dr. Ben Bernanke? His temperment, economic...
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Tonight’s media appearance will be Kudlow & Company. I will be on from 5:20 to 6:00 pm, along with Cult of the Man Cow...
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