The Big Picture

U.S. consumer prices soared in June. The stagflationary mix of rising unemployment, strained financial markets and rising inflation,...

UBS on yesterday’s PPI data: Whilst Bernanke took centre stage, macro data showed the increasing problems we face. Producer prices...

The collection of ne’er do wells, clueless dolts, political hacks, and oh, let’s just be blunt and call them what they are...

"I don’t know where these guys get the audacity to take our money, taxpayer money, and buy stock in Fannie Mae,” Rogers,...

Well, that was interesting. Today had something for everyone — or perhaps nothing for anyone is more accurate? • Volatility...

Now if we can only figure out how to add the credit crunch to this . . . > via NYT

Sad, but true: “If you’re a socialist, you should be happy. But you should really wonder whether you want people’s ability to pay...

I’m on Bloomberg Radio discussing the Paulson/Bernanke’s Freddie & Fannie Plan, stocks, economy, etc. as we speak. click...

Tax-rebate-goosed June Retail Sales rose less than forecast, up 0.1% headline and 0.8% ex-autos. Consensus was for gains of 0.4%...

Yes, another impediment in the way of a quick Housing turnaround: Mortgage Insurance. The insurance industry, with its actuarial...