I continue to be astonished by the econopundit’s lack of solid connection with reality. It’s as if Faith-based initiatives...
Read More
How’s this for amusing: Last week, we discussed the nature of What is Wealth?; It was a follow up to our 2004 chat on the...
Read More
>The market can stay irrational longer than you can stay solvent.–John Maynard Keynes (1883 – 1946) > Yesterday, I...
Read More
Yesterday’s Housing data is producing some pretty ugly headlines today; If the market chose to ignore the data, let me remind you...
Read More
The rally since the summer lows has been driven by several factors: 1) Fast money rotation away from energy and materials, and into...
Read More
We saw a nice increase in both breadth and volume yesterday. NYSE volume was 1.6B, and the only hair on the day was Nasdaq volume. Oracle...
Read More
Yesterday’s NYT had an article about wealth that fell into several of the usual traps of this discussion. To his credit, David...
Read More
Paul Farrell (who’s been on an angry tear lately) states what we have all known for quite sometime: Economists make awful...
Read More
BusinessWeek asks the million dollar question: "What’s Really Propping Up The Economy?" Their answer —...
Read More
A brutal piece in Comstock Funds is highlighted in Marketbeat today. The Comstock boys ask "Is the Housing Hard Landing Already...
Read More
