morning note/As Axl Rose sang, Where do we go now?
As we begin a new month with the S&P’s sitting 31% off its lows, here’s a quick view of the factors that got us here to...
Weak Imports Goose GDP
On Wednesday, I noted that “GDP would have been even worse, if it wasn’t for how fast imports have plummeted; They are falling...
King Report: A New Bull ?
> Coming in Monday’s missive – Is this a new bull market? If so, or not, what is the evidence? Stay tuned. Same Bat-time, same...
Why No NFP Today ?
This is super wonky stuff, so you normal humans will probably want to seek shelter elsewhere: There is no Non Farm Payroll Data, despite...
Breakout Fails to Achieve Escape Velocity
Good Evening: After blasting off and reaching breakout altitudes this morning, U.S. stocks fell back to earth in the afternoon. That most...
Obama Budget Cuts Visualization
How much is the $100 million dollars in budget cuts compared to the federal budget as a whole? This video imagines the budget as $100 in...
The 1980 Chrysler Bailout
A friend reminded me about this section of the book. This is an excerpt from early draft of Bailout Nation: How Greed and Easy Money...
Death of a Radio Giant; Fear of Technology
Two fascinating entertainment stories caught my eye today — if you have any interest in Entertainment, Technology or Digital Media,...
The 14 Most Strident Critics of Obama
I found this piece — which was published at Salon while I was on vacay — to be amusing: “Meet the Cassandras, 14...