Martin Feldstein on the Housing/Credit/Economic Mess
Regular readers know that I am not a fan of the WSJ Op Ed page. In addition to their playing fast and loose with facts, I find their...
NINJA Loan
I hadn’t heard this acronym before — NINJA Loan: ninja loan n. A loan or mortgage given to a person who has no income,...
The Big Stall
Regular readers of The Big Picture will recognize the sentiment presented below. Its a simple 3 part analysis: 1) The economy is soft; 2)...
A Closer Look at Unemployment
All eyes are on Friday’s NFP Report. With the markets desperately rooting for a Fed cut, especially after yesterday’s rather...
Recursion, Reflexivity, Feedback Loops & the Fed
chart courtesy of Meir Atazur > I love when graphics can depict a lot of information elegantly. The above chart (via Meir Atazur)...
Five Reasons Why the Fed Will Cut Rates
Late August, we reviewed Marketbeat’s Five Reasons Why the Fed Won’t Cut Rates. At the time, we noted they...
A Demon of Our Own Design
I previously mentioned A Demon of Our Own Design in a linkfest a few weeks ago. I enjoyed the book a great deal, and just about finished...
Look who’s blogging: Alan Greenspan
Yes, Alan Greenspan is blogging. What is easy Al saying? "There was also a personal story to tell. I’d known every president from...
Major Policy Shift — or Politics as Usual?
Over the past few weeks, market’s have been rather volatile, swinging wildly between triple digit gains and losses, closing at the...