Illinois catching up to CA for a dubious distinction
While most eyes are on the highly leveraged European countries, especially Spain over the past week, back here in the US, Illinois today...
America: Where Are You Moving From?
Cool interactive map from Forbes.com, looking at the cities Americans are moving to- — and from. Forbes doesn’t go into the...
Economic data
May Industrial Production rose 1.2%, above expectations of a gain of .9%. The jump was led by a sharp 5.5% rise in motor vehicle/parts...
Making Sense of This ‘Ridiculous’ Market
Is Cramer actually making sense? Making Sense of This ‘Ridiculous’ Market : Cramer sounds off on what irked him the most...
BP Deepwater: Likely 3rd Worst Spill in History
From Information is Beautiful, this handy graphic puts the BP Deepwater Horizon accident into some mathematical context: > > See...
‘Self Funding’ the SEC
Wall Street’s chief cop has done an awful job policing its charges. This was due to a combination of incompetence, structural...
The First Quantitative Easing: 1930s
There is an interesting (albeit wonky) discussion in this month’s Monetary Trends, published by the Federal Reserve Bank of St....
Spain is a pain
The story in a Spanish newspaper that the IMF, EU and US Treasury are ready to provide a financial backup to Spain was said to be...
Walkaway? Not So Fast . . .
Currently, the United States has seen more than 5 million foreclosures completed. My expectations is that we are about halfway through...