The Big Picture

Interesting piece by Jim Grant, from his usually subscription only Grant’s Interest Rate Observer: "Nowadays, the consensus of...

Perfect! Tom Toles via WaPo ~~~

Earlier today, we looked at the decrease in miles driven in the US (Chart of the Day: US Miles Driven). Let’s put that into some...

Huzzah! The Big Picture is nominated for a 2008 Inman Innovator Awards finalists in the category of Blog. As they say, it is an honor...

$4.05+ average national gas costs and $140 barrel oil is having its effect: Demand destruction brought about by high prices has lead to...

Here is today’s intriguing article from late yesterday: Bloomberg’s Jonathan Weil explains why the Fed does not follow GAAP....

That’s the question asked by the Washington Post: "Soft? You betcha. In recession? Quite possibly. And a crisis in the...

With high gasoline prices and a slowing economy, Americans are looking for transportation alternatives for getting to and from...

Portfolio does a fun analysis as to what the full value of Led Zeppelin‘s Stairway to Heaven would be worth if the band went all...

The scales continue to tip in favor of our Recession call (Yo! Jimmy P!). Three recent comments suggest as much: 1) Macroeconomic...