The Longest 8th Inning in the History of Baseball
Back on June 1, 2005, Dallas Fed President Richard Fisher told CNBC: “We are clearly in an 8th inning of a tightening cycle, and we...
Chart of the Week: S&P500 (12 months), Fed Edition
As the 12 month chart below reveals, there have been several strong moves off of oversold conditions. Other than the oversold bounce post...
Connect the Retail Sales Dots
The usually astute WSJ blows a front page story on yesterday’s retail sales data. Actually, you can asign 60% of the blame to...
New Column: The Street Gets Inflation Threat Backwards
I have a new column up at TheStreet.com, titled The Street Gets Inflation Threat Backwards. It is an expansion of a few recent...
Sourcing the Greenspan Chatter
This is the article that the Greenspan quote came from that popped the market today; I don’t know how accurate it is (holographic...
The Risk to Equities from Rising Rates
If risk-free returns on CDs have been returning performance equivalent to risk-laden returns on S&P500, the question some investors...
Tools for Finding a Mortgage
There was a very helpful article in the WSJ Saturday, titled Getting Wise to Mortgages. It contains lots of advice and tools to...
Barrons picks up “Myths of the Greenspan Era”
Barron’s online edition ran with Monday’s Free Lunch: Myths of the Greenspan Era. Once again, the crew there came up...
Once Fed Hikes Stop, Markets Fall
As we digest the Fed statement, let’s put yet another Bullish Myth to rest: Markets do not have an upward bias after a rate...
The Best Writings of Ben S. Bernanke
Now that Greenspan has ridden off into the sunset, what do we know about his successor, Dr. Ben Bernanke? His temperment, economic...