Calpers Chief Calls for Grasso’s Head
I love Jim Murphy. He’s this crusty Dow Jones writer who does a 5:15am cameo on CNBC every morning (he looks like Hemingway would...
Clark Enters Presidential Race
Its official . . . Dow Jones News Wires is reporting that Wesley Clark will enter the US Presidential Race; This has major implications...
Bored with the Bearish Arguments? Try these . . .
Last week was the market’s first losing week in six. As the economic numbers improve, the real action is in corporate profitability:...
Props to GBS!
Gary B. Smith pointed to the contrary indicators piece in his TheStreet.com column (“Market’s Resilience Will Soon Be...
White Goods versus Consumer Electronics . . .
After three years in the new house, we decide to refinish the kitchen (by new, I mean new to us — it’s nearly 100 years old). We...
Stock Market vs the Economy
Steve Liesman wrote an interesting article for the Wall Street Journal: “Washington Needs to Decide If It Favors Capital or...
Grasso’s Comp: Not Illegal, Just Bad Judgment
Previously in this space, I discussed how, in the parlance of traders, the NYSE top ticked Grasso’s pay package. I suspect that the...
The Great Recording Industry Business Model Contest
My friend John Paczkowski, over at the excellent blog “Good Morning Silicon Valley” has issued a call for entries: The Great...
The Coming Job Boom (NOT)
“Forget those grim unemployment numbers. Demographic forces are about to put a squeeze on the labor supply that will make it feel...