The Big Picture

Carnegie Mellon Professor Randy Pausch (Oct. 23, 1960 – July 25, 2008) gave his last lecture at the university Sept. 18, 2007,...

James is an unusually clear eyed analyst: “In good times, few focus on such ‘mundane’ issues as earnings quality and footnotes....

Long time readers are familiar with my fascination with antique sports cars. One of my pals, Jan, is a well known Porsche collector who...

My pal Larry Kudlow is apoplectic over the upside surprise in Durable Goods. They rose 0.8% headline and 2% ex transports versus...

> “Forty-eight of 50 states and 95 out of the nation’s 100 largest metro areas experienced year-over-year increases in foreclosure...

Paul McCulley, a portfolio manager at Pacific Investment Management Co., talks about U.S. deflation and property values, and the outlook...

Ugly day today — down 2+% across the boards. Not only was all the economic data punk, but the various earnings calls were also...

Hey, I am the "Quotation of the Day" for July 24, 2008 "The collection of ne’er do wells, clueless dolts, political...

Here’s a fun trick: Go to SeekingAlpha, and in their searchbox type in the word "Recession." Then filter for...

Another month, another new low: Existing-home sales resumed its fall. The ugly details follow: • Sales of single-family homes fell 3.2%...