Have we already enjoyed the Year End Rally?
A NYT column last weekend asked: Have we already enjoyed the Year End Rally? Today’s action makes that query all the more relevant...
Recession: The Stage Is Set
Fascinating interview With Richard Arvedlund, Founder, Cypress Capital Management, who is not particularly optimistic on the economy...
Retail Sector Market Performance
TIcker Sense has a nice few charts up showing how the Markets (Thanksgiving Returns) and the Retail sector perform post Thanksgiving....
917 trading days since down 2% day
A Trader friend emailed this: It has been 95 trading days since we have had a down 1% close. This is 4.5 standard deviations from the...
How Skepticism Can Fuel a Rise
Terrific article in today’s WSJ by E.S. Browning on how disbelief in a market move can actually be a cause of that move going even...
Gauging the Dow’s Record Highs
The Dow made another record high close yesterday. Or did it? Remember, the Dow is price weighted, which makes its price behavior a bit...
Most Influential Works of Milton Friedman
There’s a ton of ink spilled on Milton Friedman (FT, NYT, WSJ) . Rather than add to the deluge of homages (you know my views that...
PPI Hedonic Adjustments
With CPI coming out at 8:30 this morning, I wanted to take a few moments to note some of the oddities and aberrations in the Producer...
Media Appearance: Closing Bell with Maria Bartiromo (11/15)
Today is a tv two-fer: I got tagged for CNBC’s Closing Bell at 4pm. Maria will be interviewing me and Noah Blackstein...
Bloomberg TV (10:05 AM, 11/15/06)
>A quick heads up: If you are in front of a set this morning, I’ll be on Bloomberg TV (US) today at 10:05 pm for a quick...