Central Bank Spam
Dan Duncan tells us that a friend of his, who lives in Nigeria, received the following email this morning. Looks quite promising! FROM:...
The Battle Over the Bottom in Financials
Another fun discussion with Henry. As you can see, I have trouble forming an opinion . . . Note: I have a great deal of respect...
Inflation At 17-Year High
Wow! Big pop in inflation last month: July CPI rose 0.8% headline, 2X consensus expectations as food, energy, airline fares and...
Greenspan’s Housing Bottom: Agree or Disagree?
Last night, we looked at yet another Greenspan housing bottom call. This morning, the WSJ forum asked the following question: Do you...
July 2008 U.S. Foreclosures
Household per Property with Foreclosure Activity Source: RealtyTrac > One in every 464 U.S. households — 272,171 U.S. properties...
Greenspan Calls a Housing Bottom (Again)
> "If they are too big to fail, make them smaller," former Nixon Treasury Secretary George Shultz said. > That quote was...
Credit Crisis ‘Only Now Beginning’
David Goldman, a portfolio strategist at Asteri Capital, talks about the outlook for the U.S. financial-services industry, the impact of...
Detroit Houses = $1
I listened to your interview with Aaron Task today. While I can agree with your thesis, I did not care for the Love Canal-Detroit...
S&P500: Better than BRICs!
Fascinating stuff: Of all the lousy bourses, the SPX (White line below) is the least lousiest! >click for bigger chart...