Updated Blog Design
You may have noticed lighter posting this week, less original content and more guest authors; I have been away all week, on a well...
The Eternal Optimism of Opening Day
This is the speech I gave earlier this week to a Pension Fund conference As we are one week removed from Opening Day, the eternal...
Bailout Nation Update
The Bailout Nation manuscript has officially been accepted by Wiley. I am told we are on target for a mid-May publication date, with the...
US Capacity Utilization
Bill King writes: US industrial production for March declined 1.5% m/m and 12.8% y/y. This is the biggest y/y decline since the end of...
Video-o-rama: Are stock market gains built on solid foundations?
Video-o-rama: Are stock market gains built on solid foundations? As stock markets attempt to notch up a sixth consecutive week of gains,...
Stiglitz: Blame Summers
“The Public-Private Investment Program [PPIP] is a really bad program. You’re really bailing out the shareholders and the...
Can we do this again?
It was March 10th when Vikram Pandit told us that Citi was profitable for the first two months of the year and the S&P’s are...
Green Shoots Are For Suckers
“Don’t count your recoveries before they’re hatched.” So says Paul Krugman, who agrees with our assessment of the...
Markets Rise After Tax Day Tea Parties
Good Evening: Keying upon a positive earnings announcement this morning from JP Morgan, stocks were able to overcome some mixed economic...
Wall Street Names
I have been collecting these names for years, and since I am underwater today, what better time to do this: • Jeff DeGraph He is a...