The Big Picture

OK, its time for round 2, Shedlock vs. Ritholtz. You may recall that last time, Mish & I disagreed as to whether this was a recession...

With a few weeks left in Q3 and as we look to year end, the S&P’s are approaching the important technical level of 1121 which...

One of my favorite sites is Yachtworld.com — its a giant relational database, where you can punch in any combination of...

To elaborate further on my previous note on the Fed’s Flow of Funds statement and to illustrate the impact of debt on our economy,...

Rochdale Securities Dick Bove argues banks are more vulnerable to failure after Lehman’s collapse. Watch the latest business video...

The Q2 US balance sheet is out via the Fed’s Flow of Funds statement and it reveals that household debt (home mortgages + consumer...

Helluva month, September ’08 was: > Source: CNBC.com

> James Bianco has run Bianco Research out of Chicago since November 1990. He has been producing fixed income commentaries with a...

Some interesting mixed data from the builders and permit seekers today. The Good: • Total housing starts rose 1.5% last month...

The Philly Fed survey was 14.1, 6 points more than expected and up from 4.2 in Aug. It’s at the highest level since June ’07...