Everybody loves an easy bartender, pouring generous drinks, filled with lots of alcohol. No one likes the hangover the next day. Which is...
Read More
>This is brilliant:> "It’s like monetary policy is being affected by the tantrums of Wall Street As every parent...
Read More
While we await the Fed statement, my friend Paul, who has been stuck somewhere in Canada, has created the "fake Fed Statement...
Read More
If you want to know about abstract economic theory, speak to an economist. However, if you have questions about inflation, I suggest that...
Read More
"Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing...
Read More
Oil briefly broke over $92 this morning. In real terms, Crude remains below its all-time inflation-adjusted high of $101.70 from April...
Read More
Merrill Lynch’s two top strategists, David Rosenberg Richard Bernstein, both concur that the current backdrop is "highly...
Read More
My friend Peter Bookvaar of Miller Tabak comments on the recent pop in stocks off of today’s low: "Stocks have bounced on a...
Read More
One of the things I have consistently pointed out was that the so-called Housing Bubble was in reality two bubbles: Credit and Interest...
Read More
I had lunch with Richard Clarida a few years ago after meeting him at CNBC. He is a very nice guy, a Columbia economics professor, a...
Read More