From the author of The Long Emergency, comes this just about perfect summation as to the present situation: “Last week’s...
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Don’t leave home without it . . . Hat tip: Thanks, G!
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Futures are higher this morning on positive earnings news, strength in Asian and European bourses, and a dearth of any new credit...
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Another good piece from the public WSJ on "How Credit-Market Tremors Have Affected Junk Bonds, LBOs and Hedge Funds." Its...
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If you look in last week’s credit-driven market dislocation, one small tidbit has peaked through the wreckage: Investors will be...
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Contrary to what you may have heard on Bubblevision, U.S. markets have been badly lagging the rest of the world’s bourses...
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WSJ has a nice chart of yesterday’s action:Dow Jones Industrial Average: July 26, 2007 click thru for full size Dow chart Source:...
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The Dow is off 395 points as I type this. There will be some short covering shortly, and a rally attempt. But what I want to address is...
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Earlier today on Real Money’s columnist conversation, Tony Crescenzi noted earlier that "It would be extraordinarily unusual...
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What is the inter-relationship between Housing, LBOs & Stock Buybacks? Last month, I noted 6 reasons why rising yields were a threat...
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