The Big Picture

Back in the saddle for at least a few days. Here is what I am reading this morn: • Stocks Continue to Defy Investors’ Sour Mood...

As with the guarantee of death, taxes and the passage of time, in the new era of central banking we’ve seen central bank activism...

Source: TARP Was Even Worse Than You Think: “An Abysmal Failure,” Says

Click to enlarge: ˜˜˜ ˜˜˜ ˜˜˜ ˜˜˜ Source: Dorothy

The repeal of Glass Steagall itself did not cause the financial crisis. However, the repeal did help make the crisis worse. I bring this...

Key economic and market indicators: Source: Russell Investments Market indicators — Corporate debt spreads, the...

Libor, ECB, Maine David R. Kotok July 30, 2012 Revelations continue regarding the Libor rate-rigging scandal....

Frank Partnoy ex-Wall Street derivative trader and self-confessed procrastinator, reveals the science behind our decision-making...

There’s great music today, there is in every period, but why were the sixties and seventies such a fertile era, why did we get not...