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...
Are Insider Sales different this time?
Mark Hulbert addresses the issue of whether there is an alternative explanation for the unprecedentedly high levels of insider sales (at...
Futures Still Call For A May Rate Hike
Fed funds futures and Eurodollar futures continue to price in only a marginal (about 4%) chance of a rate hike at next week’s FOMC...
September 11
I decided not to address the issue of 9/11 in today’s Market Commentary. Several of you have asked why, and in brief, I have...
What’s your timeline?
One of the questions I get all the time is: “Are you Bullish or Bearish?” I know that its bad form to answer a question with another...
September 11
I decided not to address the issue of 9/11 in today’s Market Commentary. Several of you have asked why, and in brief, I have...
Grasso versus the Nasdaq
Compare the 2 charts below. I find it fascinating — and perhaps not coincidental — that Dick Grasso’s compensation...