The Big Picture

> Long-time readers know that for years we have inveighed that there is a huge, historic disconnect between the stock market and the...

August Industrial Production rose .8%, .2% more than expected and July was revised up a strong .5% to a gain of 1%. Capacity Utilization...

Happy Anniversary, AIG ! It was exactly one year ago today that AIG went belly up, a collapse caused by the massive risk taking of their...

August CPI rose .4% headline, (.1% more than the estimates) but fell y/o/y fell 1.5% (.2% higher than expected). The 9.1% m/o/m gain in...

~~~ Rally May Only Be in 6th or 7th Inning, Ritholtz Says Heesun Wee Sep 15, 2009 09:12am EDT...

With asset price inflation the unofficial policy of our Federal Reserve in driving economic growth over the past 11 years and...

Michael Martin is a proprietary commodity trader. He is a commodity instructor for the CFA Institute and a frequent lecturer on risk...

Ben Bernanke has declared the recession over. This leads to one simple question: Why should you care what his recession forecasts are?...

Good Evening: This may sound like a recording, but stocks overcame another early dip to again finish higher on Tuesday. At least the...