Optimism . . .
An old joke thats totally apropos: I once asked a friend on Wall Street about the market. “I’m optimistic,” he said....
Gasoline Prices
A few factual tidbits re: rising gas prices; (labor day weekend often marks the peak in gasoline prices for the year). Its a subject I...
States Embarrassing the Feds, part III
The very able Jesse Eisinger of the WSJ this morning observes that the Feds have nobody to blame but themselves for Oklahoma stepping...
States Embarrassing the Feds, part II
Houston Chronicle shut out of 2 more hearings By MARY FLOOD Fastow transcript still denied release, A federal judge held two more closed...
Why the States are embarrassing the Feds
First, the handwringing. Solemn, serious soliloquies. Then comes angst: “This will interfere with our methodical case building...
Car Sales Slow Despite Spending on Incentives
The NYT reports that “Car Sales Slow Despite Spending on Incentives” DETROIT, Aug. 26 — In another sign of how competitive...
August Market Reversals
Dorsey Wright credits Peter Eliades of Stock Market Cycles in compiling an overview of August Market turns: While most people view the...
BoA raises oil price forecast
Bank of America‘s energy analysts were busy this am; They raised their 2003-2004 oil price forecast to a 19% premium to the First...
A few worthwhile reads
Some interesting articles out today: Bloomberg European Share Rally Belies Economic Growth Slump Aug. 25 (Bloomberg) — Depending on...
WSJ: Are Productivity Gains Bad for US Workers?
David Wessel of the WSJ wrote: “The argument is simple, convincing — and wrong. Surging growth in productivity, the amount of...