Bull or Bear Market? (hint: Neither)
Two weeks ago, we noted that the SPX and Dow had reached the top of their trading ranges. We suggested at the very least a retracement of...
Chart of the Week: Yield Curve
Looking at the past two decades, whenever the Fed has started tightening AND the yield curve has flattened, it has presaged a downturn in...
Classical and Opera DVDs: Cheaper than CDs
We haven’t addressed anything new in the music area recently (I have a long queu of comments getting ready) but this discussion of...
Beware Economists seeking guidance from stock markets
Beware the Economist who is seeking guidance from the stock market as to the state of the economy. These creatures make lousy economists...
Cavuto on Business: (9/23/04)
A heads up: I’ll be appearing on on Fox today (Cavuto on Business @ 4:15pm EST). I’ll be on with Adam Lashinsky of Fortune...
Barron’s picks up “Between a Rock and a Hard...
Barron’s picks up Tuesday’s piece, Between a Rock and a Hard Place. I like the renaming on their part: “The Pig is...
Fight for Senate Has Tightened
While we have been discussing how tight the Presidential race is — along with some of the deficiencies of the polling agencies...
Where are all the Political Cheerleaders today?
The market got creamed today. Dow off triple digits, Nasdaq down almost 2%, S&P500 rocked. So where are all the Political...
Taxes, Capital Spending, and Jobs
Business Week has an extensive chat about Accelerated Depreciation of Capital Spending with your humble scribe. Recall that we discussed...
Parsing Changes in the Fed Statement
Terrific comparo by the WSJ on the bias statement released by the Fed. Note the key phrase is “appears to have regained some...